Home Depot delivered Q1 beats on revenue and EPS but faces macro headwinds from elevated interest rates and stagnant housing turnover. HD's 2026 guidance is conservative, projecting adjusted EPS growth up to 4% and sales growth of 2.5–4.5%, reflecting pressured operating margins. Despite a 30% stock price decline, HD trades at a premium ~20x forward earnings, leaving a limited margin of safety for new buyers.
The Home Depot, Inc. (HD) Q1 2027 Earnings Call Transcript
Home Depot's NYSE: HD stock price decline is not yet over, with the Q1 results and guidance update failing to reinvigorate market confidence. The likely outcome is that this stock falls to the low end of its long-term trading range, where it becomes irresistibly attractive.
Many Americans are holding back on pricey home improvement projects as the Iran war drives up inflation and squeezes budgets, according to executives at Home Depot.
Marley Kayden reviews Home Depot (HD) after the company beat on earnings and reaffirmed guidance, though comparable transactions and gross margins came in softer than hoped. Another bright spot: Home Depot's core shopper, where management noted resiliency.
Home Depot Inc (NYSE:HD, XETRA:HDI) reported first quarter fiscal 2026 results that topped Wall Street expectations for both earnings and revenue, while posting modest comparable sales growth. The home improvement retailer's adjusted earnings per share (EPS) came in at $3.43, ahead of analyst estimates of $3.30.
Home Depot NYSE: HD reported first-quarter fiscal 2026 results that were in line with management's expectations, with modest comparable-sales growth despite continued pressure from housing affordability, higher interest rates and cautious consumer behavior around large projects.
The headline numbers for Home Depot (HD) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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.