Why Jim Cramer Would Choose Home Depot Over Lowe's

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Lowe's  (LOW) - Get Report posted earnings on Wednesday, Nov. 18. 

The company said adjusted earnings for the three months ending on November 1 were pegged at $1.98 per share, a 40.4% increase from the same period last year but one penny shy of the Street consensus forecast. Group revenues, Lowe's said, rose 28.2% to $22.3 billion, topping analysts' estimates of a $21.25 billion tally.

Looking into the final months of the year, Lowe's said its sees comparable sales growth of between 15% and 20%, and adjusted earnings per share of between $1.10 and $1.20, compared to a Refinitiv forecast of $1.17 per share.

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