Lowe’s shares rise after mixed Q2, guidance cut below estimates
Lowe’s Companies shares rise after the retailer reported mixed second-quarter 2026 results, with adjusted EPS of $4.40 beating the $4.22 estimate while net sales of $25.96 billion missed $26.16 billion and full-year outlook narrowed below Wall Street estimates.
S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 100 points on Wednesday. 03. 89.
9% on Wednesday. 2%. Top Headline Lowe’s Companies, Inc. (NYSE: LOW ) stock gained around 5% on Wednesday after the home improvement retailer reported mixed second-quarter 2026 results and narrowed its full-year outlook below Wall Street estimates.
22 analyst estimate. 16 billion estimate. 08 after the company reported better-than-expected fourth-quarter financial results and issued its FY27 sales guidance with its midpoint above estimates. S.
04 after the company and Merck announced topline results from the Phase 3 INTerpath-001 trial met its primary and a key secondary endpoint. 00 after the company announced the pricing of its $250 million offering of convertible senior notes. 31 after the company reported worse-than-expected second-quarter financial results. The company announced it will acquire BankWyse.
44 after the company announced an additional Nasdaq listing deficiency and a loan default. 50. 4680. Euro zone European shares were mixed today.
1%. 42%. 4% in the second week of August. S.
8 million barrels in the week ended Aug. 14, recording a third straight weekly rise. Photo via Shutterstock