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Home Depot Stays 'Steadfast' On Investments Amid Economic Uncertainty As It Expects 2% EPS Decline: JPMorgan Analyst Says 'Guidance Appears Conservative'
Wednesday, February 26, 2025 - 4:15am | 573Home Depot Inc. (NYSE:HD) reported a better-than-expected fourth quarter while issuing a cautious outlook for the next fiscal year. While the company remains confident despite “uncertain” macro conditions, this JPMorgan analyst terms the outlook as “conservative”. What...
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Home Depot Sales Fall Short As Consumers 'Become Increasingly Cautious': Analyst (CORRECTED)
Wednesday, August 14, 2024 - 9:11am | 533Editor’s note: This story has been updated to correct the spelling of the analyst firm Telsey Advisory Group. Careful consumers have put the brakes on Home Depot Inc‘s (NYSE:HD) revenue for the second quarter as they await the Federal Reserve‘s expected rate cut in mid-September...
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Jim Cramer Tells Investors To 'Hold On' To Home Depot Despite Disappointing Quarter: 'Management Deliberately Gave A Conservative Forecast'
Thursday, February 22, 2024 - 12:34am | 812Jim Cramer, the host of CNBC’s “Mad Money,” has urged investors to maintain their positions in Home Depot Inc. (NYSE:HD) despite the company’s underwhelming quarterly performance. What Happened: Cramer, on Wednesday, highlighted the importance of patience and confidence in...
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Home Depot May Be Setting Itself Up To Nail Future Estimates: Analyst Says Home Improvement Retailer 'Knows How To Manage Expectations'
Tuesday, August 15, 2023 - 4:32pm | 566Home Depot Inc (NYSE: HD) beat earnings estimates for the first time in three quarters Tuesday morning, but sales slipped on a year-over-year basis as customers held off on big-ticket purchases. What Happened: Home Depot said second-quarter revenue decreased 2% year-over-year to $42.92 billion...
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Home Prices Are Dropping: Is This A Good Time To Buy A House?
Wednesday, November 16, 2022 - 1:32pm | 954Investing in real estate is often seen as a surefire way of hedging against inflation and acquiring an asset that will most likely appreciate in value over the long run. That’s certainly been true for the past 10 years. From the first quarter of 2013 to the second quarter of 2022, house...
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Housing Starts Plunged, But Home Depot Turned In A Record Quarter: How The Home Improvement Retailer Is Defying Housing Market Trends
Tuesday, August 16, 2022 - 4:53pm | 729New home construction in the U.S. fell last month to the lowest levels not seen since the beginning of 2021, but Home Depot Inc (NYSE: HD) shares are surging Tuesday on the back of record numbers. Here's a look at how the home improvement retailer managed to beat expectations...