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See what makes Cloud9 standout in the financial services industry. In this interview between Symphony’s Michael Lynch and WatersTechnology’s Victor Anderson.
Where did the weather scapegoat go? Does Lowe’s operate in a different climate?
Lowe’s reported its Q4 results, following rival Home Depot. As we had previewed, there are several crosscurrents facing the home improvement giants, including a weak new housing market and smaller income tax refunds. We analyzed both earnings call transcripts through the Amenity Key Drivers platform, highlighting key similarities and one key difference between the two companies.
Home Depot’s revenue missed analyst expectations, and the company was vocal in sole attribution going to weather. Although weather should universally apply to both companies, the theme was noticeably absent from the Lowe’s call, and the progression of the quarter suggests Lowe’s gaining momentum entering the Spring:
Weak housing starts data has fueled some concern on the outlook for the home improvement industry, but both Lowe’s and Home Depot maintain a bullish view into 2019:
As shown below, the overall sentiment of the two calls was similar (the Amenity Score of LOW was 23 vs 18 for HD). Among the specific Key Drivers, the main difference was an uptick in forward looking commentary at LOW when compared to HD:
Company View: Comparing Lowe’s vs Home Depot Sentiment
Request access to Key Drivers, the NLP language modeling and scoring system. Analyze earnings call transcripts based on key fundamental factors that drive stock performance and uncover areas of risk, exposure, and opportunity hidden in financial documents.
See what makes Cloud9 standout in the financial services industry. In this interview between Symphony’s Michael Lynch and WatersTechnology’s Victor Anderson.
Every year, Symphony Innovate brings together industry leaders to share insights, showcase live demos of products, integrations and workflow automations, as well as provide case studies on how technological advancements have transformed the community.
Innovate New York 2024 featured live demos and new innovations in action from Symphony, Citi, DTCC, Eidosmedia, HUB, LoanBook, RBC & MDX Technologies, Taskize, TP ICAP & ipushpull, UBS, Wells Fargo, 28Stone and more.
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