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Lowe's Cos. Q4 Earnings Fall

Lowe's Cos. (LOW) released a profit for fourth quarter that decreased from last year.

The company said its earnings totaled $612.72 million, or $0.74 per share. This was lower than $745.62 million, or $0.86 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.87 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.8% to $15.49 billion. This was down from $15.78 billion last year.

Lowe's Cos. earnings at a glance:

-Earnings (Q4): $612.72 Mln. vs. $745.62 Mln. last year.
-Earnings Decline (Y-o-Y): -17.8%
-EPS (Q4): $0.74 vs. $0.86 last year.
-EPS Decline (Y-o-Y): -14.0%
-Analysts Estimate: $0.87
-Revenue (Q4): $15.49 Bln vs. $15.78 Bln last year.
-Revenue Change (Y-o-Y): -1.8%

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