S&P 500's Home Depot, Lowe's Earnings Due
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Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $429.88, a high estimate of $455.00, and a low estimate of $391.00. Highlighting a 3.79% decrease, the current average has fallen from the previous average price target of $446.82.
At Lowe’s, April sales tumbled nearly 3% year-over-year after having risen 6.6% in March, debit and credit card purchase data from Affinity Solutions revealed. Home Depot saw just a 0.7% jump after a 4.2% rise in March, according to the data.
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Home Depot faces challenges with weak consumer sentiment and tariffs, making it less ideal for short-term gains.
ATLANTA (AP) — ATLANTA (AP) — The Home Depot Inc. (HD) on Tuesday reported fiscal first-quarter profit of $3.43 billion. The Atlanta-based company said it had net income of $3.45 per share. Earnings, adjusted for amortization costs, came to $3.56 per share.
On May 6, Truist Financial Corporation (TFC) analyst Scot Ciccarelli announced an update on Home Depot, maintaining ... The views and opinions expressed herein are the views and opinions of ...
Wall Street analysts expect Home Depot (HD) to post quarterly earnings of $3.59 per share in its upcoming report, which indicates a year-over-year decline of 1.1%. Revenues are expected to be $39. ...