Company Earnings UpdateLOWE’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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Market Outlook: US Foodservice—Growth To Improve Amid Value-Focused InitiativesConsumer Sentiment Peaks Ahead of Singles’ Day—Then Stabilizes: China Consumer Survey InsightsUS Back to School 2025, Part 2: Where Consumers Will Shop—Opportunities with Higher-Income Shoppers, in Retail Media and on TikTokChina Singles’ Day 2025 Insights: Participation Rises but Spending Becomes More Selective Amid Tariffs, Value-Seeking and Platform Shifts
