Home Depot Inc. (HD)
Cautious Consumers, Hurricane Spend Define Home Depot's B2B-Focused Third Quarter
The Home Depot's focus on the professional market remains unwavering, even as U.S. consumers curb their home improvement splurges. That was the latest from the Atlanta-based retailer's executives as they shared the company's third-quarter 2024 earnings Tuesday (Nov. 12).
Home Depot (HD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Home Depot (HD) give a sense of how its business performed in the quarter ended October 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Home Depot Stock Edges Higher on Beat-and-Raise
Home Depot Inc (NYSE:HD) stock is the latest Dow component to announce third-quarter results.
Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025
Home Depot NYSE: HD is moving higher on the combined forces of outperformance and an expectation for tailwinds to develop in 2025. Better-than-expected consumer trends, acquisitions, and the pro-business drive outperformance in 2024, leading the company to improve guidance against a backdrop of negative sentiment.
Savvy acquisition saves Home Depot from third-quarter revenue decline
Home Depot Inc (NYSE:HD, ETR:HDI) reported third-quarter sales of $40.2 billion, marking a 6.6% increase compared to the same period in 2023. Comparable sales, however, dropped by 1.3% year-over-year.
Home Depot stock rises after Q3 earnings beat, 2024 guidance raised
Home Depot's stock gained in early trading on Tuesday after the home improvement giant reported better-than-expected third-quarter earnings and raised its profit forecast for the year. The increase in sales was partly driven by higher spending following severe weather in the southeastern US.
Home Depot's sales are improving, but it says consumers are still cautious about spending
CNBC's Courtney Reagan joins 'Squawk Box' to report on the company's quarterly earnings results.
Home Depot (HD) Tops Q3 Earnings and Revenue Estimates
Home Depot (HD) came out with quarterly earnings of $3.78 per share, beating the Zacks Consensus Estimate of $3.64 per share. This compares to earnings of $3.81 per share a year ago.
Home Depot Tops Estimates, Lifts Sales Outlook
Home Depot (HD) shares rose Tuesday morning after its third-quarter results came in above estimates and the retailer also lifted fiscal 2024 sales projections.
Home Depot's stock rises toward a record after earnings sweep past estimates
“While macroeconomic uncertainty remains, our third quarter performance exceeded our expectations,” said Ted Decker, chair, president and CEO, in prepared remarks. “
Home Depot Stock Rises After Earnings Beat
Third-quarter adjusted earnings of $3.78 a share beat estimates as sales rise to $40.2 billion.
Home Depot raises annual same-store sales forecast
Home Depot raised its annual same-store sales forecast on Tuesday, betting on resilient demand from professional contractors to offset weak spending on bigger projects such as kitchen renovations.
