Investing.com – Lowe’s (NYSE:) reported fourth quarter that beat analysts’ expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.8 on revenue of $15.65B. Analysts polled by Investing.com expected EPS of $0.79 on revenue of $15.75B. That compared to EPS of $0.74 on revenue of $15.49B in the same period a year earlier. The company had reported EPS of $1.04 on revenue of $17.42B in the previous quarter.
Lowe’s follows other major Services sector earnings this month
On January 31, Amazon.com reported fourth quarter EPS of $6.04 on revenue of $72.38B, compared to forecasts of EPS of $5.65 on revenue of $71.88B.
Alibaba earnings beat analyst’s expectations on January 30, with third quarter EPS of $12.19 on revenue of $117.28B. Investing.com analysts expected EPS of $11.45 on revenue of $119.03B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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