Market Overview

2 Retail Earnings Calls To Watch On Tuesday

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  • Home Depot Inc (NYSE: HD) and Wal-Mart Stores, Inc. (NYSE: WMT) will announce their third-quarter financial results before the market opens on Tuesday.
  • Home Depot is expected to deliver a year-over-year increase in earnings of almost 15 percent.
  • Wal-Mart is expected to post a 15 percent decline.

Home Depot

According to Estimize, the Street is projecting the home improvement retailer to report earnings of $1.32 per share on revenue of $21.743 billion, while the crowd is modeling consensus earnings of $1.34 per share on revenue of $21.818 billion.

This implies expectations point towards a year-over-year increase of at least 14 percent from the EPS of $1.15 seen a year ago. However, these estimates also mean that both the Street and the crowd are anticipating a quarter-over-quarter decline in earnings from last quarter’s $1.71 per share.

It should also be noted from the chart above that Home Depot has tended to either meet or beat estimates over the past couple of years.


Expectations for Wal-Mart are much lower. The company is expected to report its worst quarter in years, in terms of earnings. The Street is modeling consensus earnings of $0.98 per share, one cent below guidance, on revenue of $117.635 billion. The crowd anticipates earnings in line with the Street’s consensus, on sales of $117.622 billion.

These estimates compare to EPS of $1.15 reported a year ago, and EPS of $1.08 registered last quarter. Sales are also expected to fall, from $118.076 billion a year ago and $120.229 billion last quarter.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Posted-In: EstimizePreviews Crowdsourcing Trading Ideas General


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