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Countdown to Earnings: Lowe's, Medtronic, and Baidu Take the Stage

  • August 19th, 2023
  • 269 views

A variety of companies are preparing to unveil their financial results on Tuesday, August 22, including:

Lowe's Companies, Inc. (NYSE: LOW), a prominent player in the home improvement sector, is set to release its second-quarter 2023 earnings results prior to the market opening.

Analysts are forecasting an earnings per share (EPS) of $4.49, with revenue amounting to $24.99 billion.

$LOW closed at $219.35 on Friday, reflecting an increase of $1.20 (+0.55%).

Medtronic plc (NYSE: MDT), operating in the medical technology field, will report its financial results for the first quarter of fiscal year 2024 before the market opens.

The consensus EPS estimate stands at $1.11, accompanied by revenue of $7.57 billion.

On Friday, $MDT closed at $81.52, down $0.04 (-0.05%).

Baidu, Inc. (Nasdaq: BIDU), a notable name in the technology and internet services sector, is scheduled to report its financial results for the second quarter 2023 before the U.S. market opens.

Analysts are anticipating an EPS of $2.32, with revenue totaling $4.57 billion.

$BIDU closed at $125.16 on Friday, showing a decline of $4.71 (-3.63%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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