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Lowe's Companies (NYSE:LOW) will issue its Q214 quarterly earnings data on Wednesday, August 20th. Analysts expect the company to announce earnings of $1.02 per share and revenue of $16.55 billion for the quarter. Lowe's Companies has set its FY15 guidance at ~$2.63 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Lowe's Companies (NYSE:LOW) last posted its quarterly earnings results on Wednesday, May 21st. The company reported $0.61 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.60 by $0.01. The company had revenue of $13.40 billion for the quarter, compared to the consensus estimate of $13.86 billion. During the same quarter in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 2.4% on a year-over-year basis. On average, analysts expect Lowe's Companies to post $2.61 EPS for the current fiscal year and $3.14 EPS for the next fiscal year.

Shares of Lowe's Companies (NYSE:LOW) opened at 50.45 on Tuesday. Lowe's Companies has a one year low of $43.52 and a one year high of $52.08. The stock has a 50-day moving average of $48.25 and a 200-day moving average of $47.52. The company has a market cap of $50.315 billion and a P/E ratio of 22.12. Lowe's Companies also saw unusually large options trading activity on Monday. Stock traders acquired 11,401 call options on the stock. This is an increase of approximately 256% compared to the average volume of 3,202 call options.

LOW has been the subject of a number of recent research reports. Analysts at Morgan Stanley initiated coverage on shares of Lowe's Companies in a research note on Tuesday, June 24th. They set an “equal weight” rating and a $50.00 price target on the stock. On a related note, analysts at Canaccord Genuity downgraded shares of Lowe's Companies from a “hold” rating to a “sell” rating in a research note on Wednesday, May 28th. They now have a $37.00 price target on the stock, down previously from $47.00. They noted that the move was a valuation call. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Lowe's Companies in a research note on Thursday, May 22nd. They now have a $54.00 price target on the stock, down previously from $57.00. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the stock. Lowe's Companies currently has an average rating of “Buy” and a consensus price target of $51.00.

Lowe’s Companies, Inc (NYSE:LOW) is a home improvement retailer.

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