Home Depot shares are trading lower after the company reported Q2 revenue miss and issued FY24 Adjusted EPS outlook below estimates.
Portfolio Pulse from Benzinga Newsdesk
Home Depot shares are trading lower after the company reported a Q2 revenue miss and issued a FY24 Adjusted EPS outlook below estimates.
August 13, 2024 | 10:11 am
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NEGATIVE IMPACT
Home Depot shares are trading lower due to a Q2 revenue miss and a FY24 Adjusted EPS outlook that is below estimates.
The revenue miss and lower-than-expected EPS outlook are significant negative indicators for Home Depot's financial performance, leading to a drop in share price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100