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Lowe's Companies Inc. (LOW) Is Rising Despite Q1 Miss

Lowe's Companies Inc. (LOW) reported first quarter EPS of $1.19 Wednesday morning, compared to $0.70 a year ago. The consensus estimate was for EPS of $1.27. The company continues to expected full year EPS of $5.40 to $5.50.

Lowe's gapped open higher Wednesday and is now up 6.93 at $92.68. The stock has climbed above a trading range and has set nearly a 3-month high.

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