Lowe's Looks Okay After Q4

Filed under: Earnings Reports, Home Depot (HD), Lowe's Cos (LOW)

Lowe's Companies, Inc. (LOW) is much higher today than it was a year ago. In fact, it's near a 52-week high; at roughly $23 per share, the stock could eventually double the 52-week low of $13. With that in mind, how does the company look after the fourth-quarter report?

Lowe's, which competes with Home Depot, Inc. (HD), made 14 cents per share, three pennies higher than what was booked in the comparable period. Yeah, doesn't sound like much, but on a percentage basis, that translates to 27% growth. And it stacks up nicely against the fiscal-year performance, as Lowe's saw a decrease in earnings per share.

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Lowe's Looks Okay After Q4 originally appeared on BloggingStocks on Mon, 22 Feb 2010 17:30:00 EST. Please see our terms for use of feeds.

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