Business

Lowe’s Stock Rises on Earnings Beat and Boost to Full-Year Outlook



Lowe’s


posted an earnings beat Wednesday and raised its outlook for the full year.

For the third quarter, Lowe’s (ticker:


LOW


) reported revenue of $23.5 billion, higher than estimates of $23.1 billion. Earnings per share were $3.27, topping estimates of $3.09 a share.

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