LOW | Quote | Chart | News | PowerRating -- 11/16/2009-Lowe's (NYSE:LOW) reported Q3 EPS of $0.24, ex-items, inline with consensus estimates.
Revenues in the quarter slipped 3% year-over-year to $11.38 billion, coming in ahead of consensus estimates of $11.28 billion.
Robert A. Niblock, Lowe's chairman and CEO said, "We are beginning to see signs of improved performance in some of the hardest-hit housing markets including California, Florida and areas of the desert Southwest."
Write to Chip Brian at cbrian@tradethetrend.com
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