RPT-BUZZ-PREVIEW: Home Depot expected to report quarterly revenue drop

Reuters
02/24
RPT-BUZZ-PREVIEW: Home Depot expected to report quarterly revenue drop

Repeats Monday's BUZZ with no changes to text

** Shares of Home Depot HD.N closed down 1.4% to $376.99 ahead of its quarterly earnings report due before markets open on Tuesday

** Wall Street analysts expect a ~4% drop in HD's revenue to $38.1 billion, down from ~$40 billion in the prior year. The home improvement retailer is expected to report a ~16% decline in adj EPS to $2.54 versus $3.02 a year ago

** Consumer spending and U.S. economic growth likely moderated in the fourth quarter because of disruptions from last year's government shutdown

** Last week, Walmart WMT.O reported that U.S. same-store sales rose 4.6% for the quarter ending January 31, exceeding estimates

** 38 analysts covering HD, giving it an avg rating of "BUY" and median PT of $406, per LSEG data

** HD is up 9.6% YTD vs 1.5 rise in Dow Industrials .DJI

(Reporting by Chibuike Oguh in New York)

((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10