172.81 +0.07 (0.04%)
Pre-Market: 9:25AM EST
|Bid||172.89 x 100|
|Ask||173.00 x 400|
|Day's Range||170.15 - 172.86|
|52 Week Range||128.68 - 172.86|
|PE Ratio (TTM)||24.88|
|Forward Dividend & Yield||3.56 (2.12%)|
|1y Target Est||N/A|
TJX Companies (TJX) announced its fiscal 3Q18 results on November 14, 2017. Its revenue missed analysts’ estimates by 1.5%.
Home improvement retailers are heading in opposite directions this morning, following Lowe's (LOW) earnings report. It's not that it was a bad report: Lowe's said that it earned $1.05 a share, two pennies ahead of analysts' expectations, while revenue rose 6.6% year over year to $16.77 billion, also above the $16.59 billion analysts expected. Part of the problem was that the company reaffirmed its full-year guidance, saying it expects earnings per share between $4.20 and $4.30, when analysts expect $4.50 a share.
As of November 15, 2017, Home Depot (HD) was trading at $165.47. On the same day, analysts were expecting the company’s stock price to reach $177.63 in the next 12 months.
Beacon Roofing's performance in 2018 will be aided by the pending Allied Building Products acquisition, momentum in sales across all products and re-roofing trends as an aftermath of the storms.
Shares of Lowe’s are down after it reported third quarter earnings this morning, which showed beats on profits and revenue, and announced better-than-expected same store sales growth of 5.7%. Why are investors reacting negatively to these earnings? Yahoo Finance's Alexis Christoforous and Jared Blikre discuss.
Brian Nagel, Oppenheimer senior equity research analyst breaks down Lowe's quarterly results which posted EPS of $1.05 on revenues of $16.770 billion.