Company Earnings Update 3 minutesRegister for Free AccessLOWE’S (LOW) 1Q18 Results: Misses Consensus but Raises Annual Revenue Growth Guidance Coresight Research May 24, 2018 Executive Summary Lowe’s reported 1Q18 adjusted EPS of $1.19, up by 15.5% year over year, but missing the consensus estimate by two cents. Net sales were $17.36 billion, up by 3.0% year over year, but below the $17.46 billion consensus estimate. Comps increased by 0.6%, missing the 3.2% consensus estimate. Lowe’s reaffirmed its EPS guidance of $5.40–$5.50 and its comp guidance of up 3.5% and raised its revenue growth guidance to 5% from 4%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Holiday 2023: US Holiday Homestretch—Amazon and Off-Pricers Poised To Win This SeasonMarket Outlook: UK Grocery—Inflation Drives Value Growth Amidst Volume DeclineUS Consumer Tracker: Consumers Settle in to Winter HabitsEarnings Insights 4Q22, Week 7: BJ’s Wholesale, Dick’s, JD.com and Ulta Beauty Post Strong Sales Growth; Gap Sees Sales Decline