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Home Depot: This Dog Hunts (Technical Analysis)
HDHome Depot(HD) seekingalpha.com·2024-05-22 12:30
M. Suhail/iStock Editorial via Getty ImagesDuring the first-quarter period, Home Depot, Inc. (NYSE:HD) recorded better-than-expected earnings figures but fell short on revenues. Specifically, the home repair retailer posted EPS figures of $3.63 (against the market’s consensus estimates of $3.60) on revenues of $36.42 billion (against the market’s consensus estimates of $36.66 billion). Concerns are circulating with respect to the average consumer's willingness to invest in large-scale home renovation pr ...