Home Depot Inc (NYSE:HD) stock is the latest Dow component to announce third-quarter results. The home improvement retailer beat top- and bottom-line estimates and also hiked both its same-store annual sales and growth forecasts, citing strong demand on the heels of hurricane season. HD is up 0.2% to trade at $409.39 at last check, and sports a 18.5% lead for 2024. Eyeing their third-straight daily gain today, shares are trading at their highest level in close to a month as they bounce off the 60-day moving ...

The Home Depot (HD) Q3 2025 Earnings Call November 12, 2024 09:00 AM ET Company Participants Isabel Janci - VP of Investor Relations & TreasurerEdward Decker - Chairman, President & CEOAnn-Marie Campbell - Senior Executive Vice PresidentBilly Bastek - Executive Vice President – MerchandisingRichard Mcphail - Executive Vice President & CFOChuck Grom - Managing DirectorSteven Zaccone - Director, Equity Research, Hardlines RetailChip Devine - Senior Vice President of Outside SalesHector Padilla - Executive Vic ...

Home Depot NYSE: HD is moving higher on the combined forces of outperformance and an expectation for tailwinds to develop in 2025. Better-than-expected consumer trends, acquisitions, and the pro-business drive outperformance in 2024, leading the company to improve guidance against a backdrop of negative sentiment. Tailwinds will form in 2025 as policy headwinds ease and Trump’s business and consumer-friendly policies spur activity, specifically in the housing market.  Home Depot TodayHDHome Depot$408.88 +0 ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical wri ...

Group 1 - Home Depot reported quarterly earnings of $3.78 per share, exceeding the Zacks Consensus Estimate of $3.64 per share, but down from $3.81 per share a year ago, representing an earnings surprise of 3.85% [1] - The company achieved revenues of $40.22 billion for the quarter ended October 2024, surpassing the Zacks Consensus Estimate by 2.17% and increasing from $37.71 billion year-over-year [2] - Home Depot has surpassed consensus EPS estimates four times over the last four quarters and topped consensus revenue estimates three times during the same period [2] Group 2 - The stock has gained approximately 17.8% since the beginning of the year, while the S&P 500 has increased by 25.8% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend of estimate revisions for Home Depot is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Group 3 - The current consensus EPS estimate for the upcoming quarter is $2.99 on revenues of $38.72 billion, and for the current fiscal year, it is $14.99 on revenues of $157.67 billion [7] - The Building Products - Retail industry, to which Home Depot belongs, is currently ranked in the top 16% of over 250 Zacks industries, suggesting a positive outlook for the sector [8] Group 4 - Lowe's, another company in the same industry, is expected to report quarterly earnings of $2.80 per share, reflecting a year-over-year decline of 8.5%, with revenues anticipated to be $19.92 billion, down 2.7% from the previous year [9]

Home Depot (HD) shares rose Tuesday morning after its third-quarter results came in above estimates and the retailer also lifted fiscal 2024 sales projections. The home improvement giant reported revenue of $40.22 billion in the quarter, above the $39.25 billion analysts polled by Visible Alpha expected and the $37.71 billion the retailer generated a year ago. Net income came in at $3.65 billion, above the $3.58 billion consensus expectation but lower than last year's $3.81 billion. Home Depot also updated ...

Exhibit 99.1 The Home Depot Announces Third Quarter Fiscal 2024 Results; Updates Fiscal 2024 Guidance ATLANTA, November 12, 2024 -- The Home Depot , the world's largest home improvement retailer, today reported sales of $40.2 billion for the third quarter of fiscal 2024, an increase of 6.6% from the third quarter of fiscal 2023. Comparable sales for the third quarter of fiscal 2024 decreased 1.3%, and comparable sales in the U.S. decreased 1.2%. ® Operating income for the third quarter of fiscal 2024 was $5 ...

ATLANTA, Nov. 12, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $40.2 billion for the third quarter of fiscal 2024, an increase of 6.6% from the third quarter of fiscal 2023. Comparable sales for the third quarter of fiscal 2024 decreased 1.3%, and comparable sales in the U.S. decreased 1.2%.Operating income for the third quarter of fiscal 2024 was $5.4 billion and operating margin was 13.5%, compared with operating income of $5.4 billion and an ...

In this article Home Depot is set to report quarterly earnings before the bell Tuesday. Here's what Wall Street expects the home improvement retailer to report: Earnings per share: $3.64 Revenue: $39.32 billion Home Depot is mired in a sales slump after higher mortgage and interest rates forced homeowners to put off major projects. Its stock has climbed nearly 18% this year, versus the nearly 26% gains of the S&P 500. ...

| --- | |-----------------------------------------------------------------------------------------------------------------------------| | Key Takeaways | | The Home Depot, Walmart and Target stocks appear likely to beat third-quarter earnings estimates. | | HD, WMT and TGT stock look likely to have their prices driven up in the near term. | | Register now to see our 7 Best Stocks for the Next 30 Days report - free today! | We are in the last leg of the third-quarter 2024 earnings season. So far earnings res ...