Equities Analysts Set Expectations for Lowe’s Companies, Inc.’s FY2020 Earnings (NYSE:LOW)
Lowe’s Companies, Inc. (NYSE:LOW) – Investment analysts at SunTrust Banks boosted their FY2020 earnings estimates for shares of Lowe’s Companies in a research report issued to clients and investors on Wednesday, August 21st, according to Zacks Investment Research. SunTrust Banks analyst K. Hughes now expects that the home improvement retailer will post earnings of $5.70 per share for the year, up from their prior estimate of $5.57. SunTrust Banks currently has a “Buy” rating and a $120.00 target price on the stock. SunTrust Banks also issued estimates for Lowe’s Companies’ Q4 2020 earnings at $0.92 EPS, Q2 2021 earnings at $2.38 EPS, Q4 2021 earnings at $1.03 EPS and FY2021 earnings at $6.41 EPS.