Home Depot Stock Slides on Guidance Despite Earnings Beat
Home DepotHome Depot(US:HD) Benzinga·2024-08-19 17:23

Home Depot HD released its second-quarter earnings report, presenting a mixed picture for investors to decipher. While the company beat Home Depot's analyst community's earnings estimates, its lowered comparable sales guidance for fiscal 2024 caused a drop in Home Depot's share price. After the announcement, Home Depot stock fell about 5% in pre-market trading but recovered some losses in early morning trading.  Unpacking Home Depot's Q2 Earnings Home Depot's financial report for the second quarter of 2024 ...

Home Depot Stock Slides on Guidance Despite Earnings Beat - Reportify