CNBC's Becky Quick reports on the company's quarterly earnings results.
Home Depot (HD) on Tuesday fourth-quarter results that topped analysts' estimates, but the home-improvement giant's outlook was weaker than expected.
Home Depot forecast annual same-store sales growth below analysts' estimates on Tuesday, as the top U.S. home improvement chain contends with a slowdown in spending on big-ticket projects amid a weak housing market and higher borrowing costs.
Home Depot will report earnings before the bell on Tuesday. Investors expect the company to report earnings per share of $3.01 and revenue of $39.16 billion.
The Home Depot, Inc.'s strong performance during the post-COVID housing boom is waning, with recent economic data indicating a slowdown in the housing market and elevated interest rates. The company's third-quarter earnings report showed declining average ticket size, comparable sales, and operating margins, signaling weakening core business performance. HD stock's valuation at 25.84x projected forward GAAP earnings is high, with analysts expecting only 6-8% EPS growth over the next six years.
Jim Cramer believes that Home Depot (NYSE: HD) could post less-than-stellar numbers when it releases them this week.
The operating environment for Home Depot and Lowe's remains challenging as the interest rate backdrop continues to be unfavorable despite the U.S. Fed's easing policy.
Home Depot (HD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Home Depot (HD) is scheduled to report fourth-quarter earnings before the bell on Tuesday, with analysts expecting sales to have risen year-over-year despite projecting comparable store sales to have declined for a ninth consecutive quarter.
HD's Q4 results are expected to reflect top-line growth, backed by contributions from the SRS Distribution acquisition, increased hurricane-related demand and an extra 53rd week.
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to discuss his Home Depot strategy now that he's been taken out of the name.
Get a deeper insight into the potential performance of Home Depot (HD) for the quarter ended January 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.