Options Trade of the Week
Lowe's Companies, Inc. (NYSE:LOW) Calls
Sunday, February 22, 2015
**CONTINUED GROWTH FOR LOWES!**
Lowe's Companies, Inc. (NYSE: LOW), a home improvement retailer with 1,745 stores representing approximately 197 million square feet of retail selling space (as of February 3rd, 2012), will report its fourth-quarter results on February 25th . The company will release its quarterly numbers before the market opens, with analysts forecasting earnings of 44 cents per share, up from 31 cents during the same period last year. The stock is up 5.4% this year.
Improvements in the housing market have helped Lowe's in recent years, and for the most part the housing recovery remains intact. The housing market
also is in a continuous process of improvement, side by side with the home improvement industry. As a result, analysts have forecast 42% year-over-year earnings growth, and they expect the trend to continue, with 23% earnings growth next year.
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