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Lowe's (L) Q2 net income rises to $444 million

InvestorsHub +5 ·

L
L Loews Corp
$106.46 +0.75%
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  1. 1Lowe's (L) said its Q2 net income and revenue both increased, driven by improvements in its insurance, pipeline, and hotel businesses.
  2. 2Net income came in at $444 million ($2.16 per share), with revenue of $4.73 billion, up from the year-ago period.
  3. 3Earnings improved at CNA, Boardwalk, and Hotels, and the stock rose 0.62% in pre-market trading following the results.

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