Why Home Depot Stock Dropped Today

Key Points Home Depot beat on sales but missed on earnings this morning. Guidance was weak as well. 10 stocks we like better than Home Depot › Home Depot (NYSE: HD) stock tumbled 3.4% through 11:10 a.m. ET Tuesday morning after missing on earnings but beating on sales. Analysts forecast the home improvement retailer would report a $3.83 per share Q3 profit on sales of $41.1 billion. Home Depot actually earned only $3.74 per share, adjusted for one-time items, although its sales were $41.4 billion. ...