US Stock Market Move | Lowe's Companies, Inc. (LOW.US) rose over 5% in pre-market trading as Q3 profits exceeded expectations.
On Wednesday, shares of Lowe's Companies, Inc. (LOW.US) rose more than 5% in pre-market trading, reaching $232.0.
On Wednesday, Lowe's Companies, Inc. (LOW.US) rose more than 5% in pre-market trading, reaching $232.0. On the news front, Lowe's Companies, Inc. announced its third-quarter financial report, with revenue totaling $20.81 billion, slightly below market expectations of $20.82 billion. Adjusted earnings per share came in at $3.06, surpassing the market average expectation of $2.97. The company forecasts total annual sales of $86 billion, exceeding previous expectations of $84.5 billion to $85.5 billion, benefiting from a recent acquisition deal.
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