The Home Depot Announces First Quarter Results; Reaffirms Fiscal Year 2018 Guidance
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Bernstein Remains Sidelined on Home Depot (HD) Following 1Q
May 17, 2018 8:25 AM EDTBernstein reiterated a Market Perform rating and $212.00 price target on Home Depot (NYSE: HD) following the company's 1Q earnings report. HD posted net revenue of 24.95B, up 4.4% YoY which was below consensus expectations of 25.39B and 25.17B respectively.
The Company guidance... More
RBC Remains Buyers of Home Depot (HD) Following Weather-Impacted Results
May 15, 2018 12:49 PM EDTRBC Capital analyst Scot Ciccarelli reiterated an Outperform rating and $216 price target on Home Depot (NYSE: HD) saying they remain buyers of the stock following results.
Ciccarelli notes weather headwinds significantly impacted sales of outdoor/seasonal goods. Meanwhile, Q2 is off to... More
Lowe's (LOW) Declines in Sympathy with Home Depot (HD) Following Home Depot's Q1 Comp Miss
May 15, 2018 7:22 AM EDTLowe's Cos. (NYSE: LOW) traded lower in sympathy with Home Depot (NYSE: HD) after Home Depot reported Q1 results and comps that that missed expectations at 4.2% vs 5.6% consensus.
Home Depot declined 2.5% pre-market and Lowe's traded lower by 1.8%.
Home Depot (HD) Tops Q1 EPS by 2c, Sales Miss; Comps Rise 4.2%
May 15, 2018 6:05 AM EDTHome Depot (NYSE: HD) reported Q1 EPS of $2.08, $0.02 better than the analyst estimate of $2.06. Revenue for the quarter came in at $24.9 billion versus the consensus estimate of $25.21 billion.
Comparable sales for the first quarter of fiscal 2018 were positive 4.2 percent, and comp sales in... More
