The Home Depot Announces Second Quarter Results; Declares Quarterly Dividend of $1.50 Per Share

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Home Depot (HD) PT Raised to $323 at RBC Capital Following Earnings

August 18, 2020 1:29 PM EDT

RBC Capital analyst Scot Ciccarelli raised the price target on Home Depot (NYSE: HD) to $323.00 (from $297.00) while maintaining an Outperform rating following earnings.

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Home Depot (HD) Tops Q2 EPS by 33c, Revenues Beat

August 18, 2020 6:02 AM EDT

Home Depot (NYSE: HD) reported Q2 EPS of $4.02, $0.33 better than the analyst estimate of $3.69. Revenue for the quarter came in at $38.1 billion versus the consensus estimate of $34.37 billion.

"The investments we have made across the business have significantly increased our agility, allowing us to respond quickly to changes while continuing to promote a safe operating... More