Home Depot’s long run of earnings beats has ended
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DPA International on MSNHome Depot sticks to outlook after missing Q1 earnings estimatesHome Depot on Tuesday reported weaker-than-expected first-quarter earnings, though sales topped Wall Street estimates. The Atlanta-based home improvement retailer reaffirmed its full-year 2025 guidance,
Q1 2025 Earnings Conference Call May 20, 2025 9:00 AM ETCompany ParticipantsIsabel Janci - VP of IR and TreasurerTed Decker
Home Depot (HD) will be kicking off the earnings week for major retailers, releasing first quarter results before Tuesday's market open. Yahoo Finance senior retail reporter Brooke DiPalma comes on Market Domination Overtime to explain what Wall Street is expecting out of the home improvement store's latest figures and guidance forecasts,
ATLANTA (AP) — ATLANTA (AP) — The Home Depot Inc. (HD) on Tuesday reported fiscal first-quarter profit of $3.43 billion. The Atlanta-based company said it had net income of $3.45 per share. Earnings, adjusted for amortization costs, came to $3.56 per share.
The Home Depot reported adjusted earnings per share (EPS) of $3.56 or 3 cents behind the Wall Street consensus. As expected, adjusted EPS was down from the year ago figure of $3.67. Revenue of $39.86 billion, however, was $610 million above consensus and rose 9.5% from a year earlier.
Home Depot's first-quarter financial results could show the impact of tariffs, mortgage rates and consumer spending habits.
Lowe's (NYSE:LOW) is set to announce first quarter earnings on Tuesday, and investors will watch out for the company’s comparable sales to get a sense of the housing market. Wall Street expects the North Carolina-based company to post EPS of $2.
Analysts expect a muted report from the home improvement giant, reflecting softer demand and fewer store visits amid a sluggish housing market.
Analysts expect the Atlanta, Georgia-based company to report quarterly earnings at $3.59 per share. That's down from $3.63 per share in the year-ago period. According to data from Benzinga Pro, Home Depot projects to report quarterly revenue at $39.14 billion, compared to $36.42 billion a year earlier.