Home Depot (HD) came out with quarterly earnings of $3.43 per share, beating the Zacks Consensus Estimate of $3.4 per share. This compares to earnings of $3.56 per share a year ago.
Home Depot's stock rises as earnings beat expectations, and the full-year outlook was affirmed.
Home Depot reported lower first-quarter profit as a stagnant housing market continues to weigh on home improvement activity.
Home Depot beat Wall Street's expectations on the top and bottom lines and reaffirmed its full-year guidance. The company said its core consumer remains "engaged" even in the face of higher gas prices and plummeting consumer confidence.
These two home improvement giants are positioned to benefit from any stabilization in the housing market.
Home Depot is set to report its next quarterly results ahead of the opening bell Tuesday, with the retailer's stock seen potentially extending its recent slump.
Zacks.com users have recently been watching Home Depot (HD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
HD nears Q1 earnings with sales seen rising as Pro demand, digital tools and repair projects offset housing market pressure.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Home Depot (HD), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended April 2026.
Home Depot faces a challenging macro backdrop, with stagnant housing turnover and mortgage rates limiting growth catalysts. HD's Q1 2026 earnings will hinge on U.S. comparable sales, gross margins, and FY26 guidance, especially spring-season trends. The Pro segment remains a strategic focus, but lack of separate disclosure clouds visibility into segment-specific performance.
Shares of Home Depot Inc (NYSE:HD) are trading 3.4% lower at $300.05, extending their recent pullback, now heading for a fifth-straight daily drop and earlier tapped a more than two-year low of $299.27.
Home Depot (HD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.