Home Depot, Inc. (The) HD releases its next round of earnings this Tuesday, Nov. 13. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report.
Earnings and Revenue
Based on management's projections, Home Depot analysts model for earnings of $2.27 per share on sales of $26.25 billion.
In the same quarter last year, Home Depot posted EPS of $1.84 on sales of $25.03 billion. If the company were to match the consensus estimate, earnings would be up 23.37 percent. Sales would be up 4.89 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 2.84 | 2.06 | 1.61 | 1.81 |
| EPS Actual | 3.05 | 2.08 | 1.69 | 1.84 |
Stock Performance
Over the last 52-week period, shares are up 13.37 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Home Depot stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Home Depot's Q3 conference call is scheduled to begin at 9:00 a.m. ET and can be accessed here: https://services.choruscall.com/links/hd181113GOoF3DrT.html
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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