Here's How Home Depot (HD) Is Placed Just Before Q1 Earnings

Home Depot, Inc. (HD) is set to report first-quarter fiscal 2024 results on May 14, before market open. Its top and bottom lines are likely to have declined year over year in the to-be-reported quarter. The Zacks Consensus Estimate for the company’s fiscal first-quarter earnings of $3.61 per share indicates a decline of 5.5% from the year-ago period’s reported figure. The consensus estimate has been unchanged in the past 30 days.The consensus mark for quarterly revenues is pegged at $36.7 billion, indicatin ...