Home Depot Q4 Results Tops Estimates But Outlook Falls Short
Home Depot (HD) Results for the fourth quarter on Tuesday The highest analyst estimatebut the prospect of home-making giants is weaker than expected.
Home Depot has been adjusted Earnings per share (EPS) Revenue was $3.13 for $397 billion. Visible Alpha vote analysts are expected to expect $3.03 and $39.12 billion, respectively.
Retailers expect total sales to grow by about 2.8% in 2025, while similar stores sales rose by 1%. Analysts expect total sales to rise 3.27% this year, and comparable sales to 1.88%.
Home Depot believes that the full-year adjusted EPS fell about 2% from $15.24 in 2024, while the analyst consensus increased to $15.63.
Home Depot shares fell about 2% immediately after Tuesday’s report. Over the past 12 months, they entered about 3% of the day.
Comp Store Sales Returns to Grow
Retailers say its fourth quarter Comparable store sales A year-on-year increase of 0.8%, while analysts forecast a 1.48% decline. COMP sales fell in the first eight quarters, and analysts expect the indicator to be slightly positive in the first quarter of 2025.
Home Depot and Competitor Luo ((Low) said in recent quarters inflation The massive slowdown in home improvement projects hurts sales. Lowe will report the fourth quarter results on Wednesday.