Analysis indicates that home improvement retailer Lowe's is set to announce its second-quarter earnings before the market opens on August 19, with market expectations of $26.2 billion in revenue and $4.24 earnings per share.
Analysts expect Lowe's Q2 revenue to increase by 9.3% year-over-year, but EPS may decline by 2% year-over-year. The company's stock price has fallen by approximately 10.5% year-to-date, and its current P/E ratio is about 17x, lower than competitor Home Depot's 23.5x. Although recent performance has been affected by weak same-store sales and increased interest expenses, analysis suggests that Lowe's strategic transformation towards the contractor market and its 2.3% dividend yield (as a "dividend king" having increased dividends for over 50 consecutive years) are expected to deliver stable returns in the medium to long term.
Source:Yahoo财经 · Source Link
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