Home Depot is expected to report earnings on Tuesday 20, before market open, and the report will be for the fiscal Quarter ending in July this year. The consensus EPS for the quarter is $3,08 and that`s a little bit higher than last year at the same at $3,05. The consensus revenue estimate is $31,01 Billion and that`s up 1,8 percent YoY.
This is a high quality stock and the rise from the financial crisis has been massiv. Home Depot has beaten EPS estimates 100 percent of the time over the last two years. Revenue estimates is beaten 75 percent of the time.
This is the holiday quarter for Home Depot. A different retailer than others that are struggling with e-commerce and malls. Do we see any recession here? Not at all. The consumers spend money at Home Depot and they can afford to do it because they have jobs and money. That puts the company in the same folder as Walmart.
Home Depot scheduled a conference call at 9 a.m Eastern time on Tuesday 20, 2019.