Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>Here are the key points:Total Q3 earnings for the 458 S&P 500 members that have reported results through Wednesday, November 13th, are up +6.9% on +5.4% higher revenues, with 73.6% beating EPS estimates and 61.4% beating revenue estimates. The earnings and revenue growth pace for this group ...

Home Depot Inc HD released its third-quarter earnings report Tuesday, posting revenue and EPS beats, aided by recent bouts of extreme weather. Analysts are still bullish on the Atlanta, Georgia-based company.Home Depot Analysts: The following analysts published notes on Tuesday:Goldman Sachs analyst Kate McShane reiterated a Buy rating for Home Depot, raising its price target from $384 to $410.J.P. Morgan analyst Christopher Horvers reiterated an Overweight rating for Home Depot, raising its price target fr ...

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...

Home Depot said retail theft continues to be a challenge.CFO Richard McPhail said the operating environment is "getting harder and harder."However, the executive said investments to combat shoplifting and organized theft "are paying off." Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on ...

The Home Depot Inc. (HD) has reported third-quarter fiscal 2024 results, wherein earnings and sales surpassed the Zacks Consensus Estimate. Meanwhile, the company’s top line improved year over year in the third quarter of fiscal 2024, while earnings per share declined year over year.Home Depot's adjusted earnings of $3.78 per share declined 1.8% from $3.85 in the year-ago quarter. However, the bottom line beat the Zacks Consensus Estimate of $3.65.Find the latest EPS estimates and surprises on Zacks Earning ...

The Home Depot, Inc. (NYSE:HD) Q3 2024 Earnings Conference Call November 12, 2024 9:00 AM ET Company Participants Isabel Janci - Vice President of Investor Relations and Treasurer Ted Decker - Chair, President and Chief Executive Officer Ann-Marie Campbell - Senior Executive Vice President Billy Bastek - Executive Vice President, Merchandising Richard McPhail - Executive Vice President and Chief Financial Officer Chip Devine - Senior Vice President, Outside Sales Hector Padilla - Executive Vice President, U ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of HD, LOW, JNJ, TFC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The contents of this article, my previous articles, and my comments are for informational purposes only and may not be considered ...

Following a raucous trading week that continued into Monday, which demonstrated a big relief rally that came after the 2024 General Election, pre-market futures are flat at this hour. It’s also the single-busiest day of Q3 earnings season, with nearly 800 companies reporting.We see no economic reports hitting the tape today, though we expect to hear statements from Fed Governor Christopher Waller, Philadelphia Fed President Patrick Harker and Richmond President Tom Barkin. Tomorrow morning we’ll get a new I ...

Home Depot expects a smaller decline in annual store sales following better-than-expected performance over the past three months, which was partly driven by hurricane recovery efforts. "As weather normalized, we saw better engagement across seasonal goods and certain outdoor projects as well as incremental sales related to hurricane demand," CEO Ted Decker said in the company's earnings release Tuesday. Decker told analysts Tuesday that the company's third-quarter performance exceeded expectations despite " ...

The Home Depot’s focus on the professional market remains unwavering, even as U.S. consumers curb their home improvement splurges.That was the latest from the Atlanta-based retailer’s executives as they shared the company’s third-quarter 2024 earnings Tuesday (Nov. 12).“While macroeconomic uncertainty remains, our third quarter performance exceeded our expectations,” Home Depot Chair, President and CEO Ted Decker said in a statement. “As weather normalized, we saw better engagement across seasonal goods and ...