Lowe's stock faces November test as analysts see lower Q3 EPS
Published on 10/30/2026 at 11:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat Investors Watch Next
- Lowe's is expected to report fiscal third-quarter results before the market opens on November 18.
- Analysts forecast adjusted earnings per share of 2.86 US dollars, down from 3.06 US dollars a year earlier.
- Fiscal 2026 adjusted EPS is projected at 12.25 US dollars, while fiscal 2027 EPS is expected to reach 13 US dollars.
- The company's sales growth is being supported by home repair and maintenance demand, while discretionary remodeling remains weaker.
Lowe's is heading toward its fiscal third-quarter results with investors focused on earnings resilience, home-improvement demand and the outlook for discretionary remodeling. The company is expected to report before the market opens on Wednesday, November 18, according to an earnings preview published by Yahoo Finance on October 28.
Estimates Point To A Softer Quarter
Analysts expect adjusted earnings per share of 2.86 US dollars for fiscal Q3 2026, compared with 3.06 US dollars in the year-ago quarter. That would represent a 6.5 percent decline. The retailer has nevertheless exceeded Wall Street's earnings estimates in each of the four preceding quarters.
For the full fiscal year, analysts project adjusted EPS of 12.25 US dollars, slightly below the 12.29 US dollars recorded in fiscal 2025. The forecast improves for fiscal 2027, when adjusted EPS is expected to rise to 13 US dollars, a 6.1 percent increase from the current-year projection.
Repair Demand Offsets Remodeling Pressure
Lowe's recent performance reflects a mixed consumer backdrop. Spending on home repairs and maintenance, along with demand from contractors, has provided support, while cautious consumers have held back on larger do-it-yourself remodeling projects.
The company's second-quarter results included adjusted EPS of 4.27 US dollars and sales of 25.96 billion US dollars. Revenue missed the estimate, but the earnings result exceeded expectations. Lowe's also reduced its full-year comparable-sales outlook from growth of zero to two percent to no growth, underscoring the importance of margin control and customer demand in the November update.
Quote And Upcoming Catalyst
The real-time quote of Lowe's stock traded at 186.55 euros on Lang & Schwarz at 11:07 Berlin time on Friday, October 30, 2026.
For investors, the November report should show whether contractor demand and essential repair spending can continue to offset weaker discretionary projects. Operating profitability, comparable sales and the company's full-year outlook are likely to shape the market's assessment of the earnings trajectory.
Lowe's Companies At A Glance
- Company: Lowe's Companies, Inc.
- ISIN: US5486611073
- Ticker: LOW
- Quote: 186.55 euros on Lang & Schwarz, Friday, October 30, 2026 at 11:07 Berlin time
- Next report: Fiscal Q3 2026 results expected before the market open on Wednesday, November 18, 2026
- Business: Home improvement retail
The S&P 500 provides the broader US market context for Lowe's stock.
