Market Overview

A Preview Of Home Depot's Earnings


Home Depot (NYSE: HD) releases its next round of earnings this Tuesday, August 18. Here's Benzinga's essential guide to Home Depot's Q2 earnings report.

Earnings and Revenue

Analysts covering Home Depot modeled for quarterly EPS of $3.69 on revenue of $34.37 billion. In the same quarter last year, Home Depot posted EPS of $3.17 on sales of $30.84 billion. The Wall Street estimate would represent a 16.4% increase in the company's earnings per share. Sales would be up 11.45% from the same quarter last year. Home Depot's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 2.26 2.11 2.52 3.09
EPS Actual 2.08 2.28 2.53 3.17
Revenue Estimate 27.28 B 25.77 B 27.53 B 31.04 B
Revenue Actual 28.30 B 25.78 B 27.22 B 30.84 B

Stock Performance

Over the last 52-week period, shares are up 31.8%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Home Depot is scheduled to hold the call at 09:00:00 ET and can be accessed here:


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Posted-In: Earnings