Home Depot Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Home Depot (NYSE:HD) is set to release its Q2 earnings on Aug. 13, 2024, with analysts expecting a decrease in EPS to $4.50 from $4.65 YoY and revenue of $43.37 billion. The company recently completed an $18.25 billion acquisition of SRS Distribution. Analysts have mixed ratings, with price targets ranging from $360 to $400.
August 13, 2024 | 8:12 am
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Home Depot is set to release Q2 earnings with expected EPS of $4.50 and revenue of $43.37 billion. The company completed an $18.25 billion acquisition of SRS Distribution. Analysts have mixed ratings with price targets ranging from $360 to $400.
The upcoming earnings report and recent acquisition are significant events for Home Depot. The mixed analyst ratings and price targets suggest varied expectations, but the overall sentiment appears cautiously optimistic. The stock may see increased volatility leading up to and following the earnings release.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100