Lowes (LOW) surprised with an earnings beat reporting $1.93 per share on revenue of $18.55 billion ahead of estimates of $1.83 per share on revenue of $18.27 billion. This was way ahead of last year’s earnings for the same quarter when they posted $1.77 a share had revenue of $18.6 billion, higher than revenue this quarter.
I put together this trade in Lowes Stock (LOW) today as outlined in the morning Investing Strategy Notes.
The trade alert provides the details and further comments.
This trade alert and ideas article is for FullyInformed Members.
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