Lowe's Analysts Boost Their Forecasts After Upbeat Q2 Earnings
1. Lowe's reported better-than-expected Q2 earnings, with adjusted EPS rising 5.6%. 2. Quarterly sales of $23.96 billion surpassed analyst estimates and prior year figures. 3. Fiscal 2025 guidance raised to $84.5-$85.5 billion, reflecting the ADG acquisition. 4. Analysts have increased price targets, indicating confidence in Lowe's future performance. 5. Shares closed up 0.3% post earnings announcement, reflecting positive market sentiment.