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Home Depot is reporting earnings before the bell. Here's what Wall Street expects
Home DepotHome Depot(US:HD) CNBCยท2024-11-12 10:45

Core Viewpoint - Home Depot is expected to report quarterly earnings with earnings per share projected at $3.64 and revenue at $39.32 billion, amidst a sales slump due to higher mortgage and interest rates affecting homeowners' project decisions [1] Group 1: Earnings Expectations - Earnings per share is anticipated to be $3.64 [1] - Revenue is projected to reach $39.32 billion [1] Group 2: Market Context - Home Depot is experiencing a sales slump as higher mortgage and interest rates have led homeowners to delay major projects [1] - The company's stock has increased nearly 18% this year, in contrast to the S&P 500's nearly 26% gains [1]