Lowe’s beats Wall Street’s profit expectations to one-up rival Home Depot - MarketWatch

1. Lowe's stock rose 1.9% in premarket trading today. 2. Company outperformed Home Depot's earnings expectations despite housing market headwinds. 3. First-quarter profits fell to $2.92 per share but exceeded estimates. 4. Comparable sales decline was better than expected, with 1.7% drop. 5. Lowe's maintains strong 2025 earnings projections despite market uncertainties.