Lowe’s earnings beat estimates

Lowe’s Cos. posted Q4 adjusted earnings of $1.33 per share, topping the estimated $1.21 per share. Revenues of $20.31 billion exceeded the $19.48 billion forecast by analysts. Same-store sales in the U.S. rose by 28.1 percent, compared to a projected increase of 22 percent. For the full fiscal year, earnings amounted to $8.86 per share.