Home Depot Anticipates Improvement in Fourth Quarter Earnings

Reported about 5 hours ago

Home Depot is expected to see a slight improvement in its fourth quarter earnings, with estimated revenue of $39.11 billion and earnings per share of $3.30, despite continued challenges from high inflation and interest rates that have led to negative same-store sales growth for eight consecutive quarters. Analysts point to potential tailwinds from recent holiday sales and demand related to natural disasters, although tariffs on imports may pose additional costs.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis