Lowe's Companies Inc. (LOW: Quote) reported first quarter EPS of $0.43 Monday morning, compared to $0.34 in the prior year period. The consensus estimate was for EPS of $0.42. Full year 2012 EPS is now expected to be between $1.73 and $1.83, compared to prior expectations of $1.75 to $1.85. The consensus estimate is for EPS of $1.87.
Lowe's Companies gapped open sharply lower Monday and is now down 2.75 at $25.73. The stock has been pulling back from the highs of the year for the last 2 1/2 weeks and has set a 4 1/2 month low.
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by RTT Staff Writer
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