Company Earnings UpdateLowe’s (LOW) 4Q16 Results: Tops EPS and Revenue Expectations; Issues Strong 2017 Guidance amid Robust Housing Market Coresight Research March 2, 2017 Executive Summary Lowe’s reported 4Q16 adjusted EPS of $0.86, up 45.8% from the year-ago quarter and beating the consensus estimate of $0.79. The company reported revenue of $15.78 billion, up 19.2% from the year-ago quarter and above the $15.37 billion consensus estimate. Same-store sales rose by1% during the quarter, beating the 2.4% consensus estimate. Comp sales for the US were up 5.1% as well. Comps were driven by a 4.0% increase in average ticket and a 1.1% increase in customer transactions. The company expects total revenue to grow by about 5% in FY17, to about $68.27 billion, and it expects full-year comp growth of 3.5%. The consensus estimate calls for revenues of $67.66 billion. The company expects FY17 EPS of $4.64, up about 16.3% from FY16 and above the consensus estimate of $4.53. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Seasonal Shopping, 4Q25—Early Spending Momentum Sets the Tone for the Holiday Season: US Consumer Survey Insights ExtraAnalyst Corner: What’s Happening in Beauty Retail?—Analyzing Mixed Performance and Success Strategies with Madhav PitaliyaEarnings Insights 4Q24, Week 1: Levi Strauss, P&G, Walgreens and Others Post Sales Growth, While Burberry and Kimberly-Clark Report DeclinesPositive Sentiment Trend Comes to an End: Weekly US Consumer Sentiment, Week 21, 2025—Infographic
