FMP
May 23, 2023 5:05 PM - Davit Kirakosyan
Lowe's (NYSE:LOW) shares rose more than 2% intra-day today after the company reported its Q1 earnings results, with EPS of $3.67 coming in better than the Street estimate of $3.46. Revenue was $22.3 billion, beating the Street estimate of $21.66 billion.
The company provided its fiscal 2024 outlook, expecting EPS to be in the range of $13.20-$13.60, compared to its prior guidance of $13.60-$14 and the Street estimate of $13.60.
Full-year revenue is seen at $87-89 billion, compared to the company’s prior guidance of $88-$90 billion and the Street estimate of $88.45 billion.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...