EPS & Earnings ... Hits & Misses

[madrose1]

* LOW $65~$69~$67.50 beats by $0.07; guides Q1 above consensus, Q2 EPS in-line; FY07 EPS above consensus, revs in-line (LOW) 65.52 : Reports Q4 (Jan) earnings of $0.87 per share, $0.07 better than the Reuters Estimates consensus of $0.80; revenues rose 26.4% year/year to $10.81 bln vs the $10.41 bln consensus. Co reports Q4 same store sales +7.8%, sees Q1 same store sales +5-7%. Co issues upside guidance for Q1, sees EPS of $0.92-0.94 vs. $0.88 consensus; sees Q1 revs of $11.85-11.96 bln vs. $11.44 bln consensus. Co issues in-line guidance for Q2 (Jul), sees EPS of $1.22-1.25 vs. $1.24 consensus. Co issues upside EPS guidance for FY07, sees EPS of $4.03-4.13 vs. $3.98 consensus; sees FY07 revs of $48.86-49.30 bln vs. $49.09 bln consensus.

Lowe's tgt raised to $85 from $70 at Prudential- following better than expected Q4 (LOW) 69.50 :