Lowe’s Profit Tops Estimates, Affirms 2022 Outlook

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Lowe’s reported net earnings of $2.3 billion in the first quarter.

On a per-share basis, earnings were $3.51 a share, topping Wall Street forecasts of $3.22.

The company affirmed its outlook for 2022 revenue of $97 billion to $99 billion, and earnings of $13.10 to $13.60 a share.

Lowe’s…


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