Home Depot Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Home Depot (NYSE:HD)

Core Viewpoint - Home Depot is set to release its third-quarter earnings results, with analysts expecting an increase in earnings per share and revenue compared to the previous year [1][2] Earnings Expectations - Analysts predict Home Depot will report earnings of $3.83 per share, up from $3.67 per share in the same quarter last year [1] - The consensus estimate for quarterly revenue is $41.12 billion, compared to $40.22 billion a year earlier [1] Recent Performance - Home Depot has beaten revenue estimates in six of the last ten quarters but missed estimates in the most recent second quarter [2] - The company's shares fell by 1.2%, closing at $358.03 on Monday [2] Analyst Ratings - Telsey Advisory Group maintains an Outperform rating with a price target of $455 [4] - Wells Fargo has an Overweight rating, reducing the price target from $450 to $435 [4] - JP Morgan maintains an Overweight rating, lowering the price target from $452 to $444 [4] - Truist Securities holds a Buy rating, cutting the price target from $454 to $421 [4] - Morgan Stanley maintains an Overweight rating, increasing the price target from $415 to $430 [4]