Lowe's Companies Inc. (LOW) reported second quarter EPS of $0.64 Monday morning, unchanged from the prior year result. The consensus estimate was for EPS of $0.70. Full year 2013 EPS is expected to be around $1.64, down from previous guidance of $1.73 to $1.83. The consensus estimate is for EPS of $1.80.
Lowe's gapped open lower Monday and slipped further in the first 2 hours of trade. The stock closed down by 1.61 at $26.26 on strong volume. Lowe's dropped to a week and a half low and slipped beneath its 50 and 200-day moving averages.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.