Home Depot (HD) falls on miss, lower guidance; Soft results 'widely expected' says analyst
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Home Depot (HD) stock downgraded at CFRA on near-term headwinds
May 17, 2023 8:23 AM EDTCFRA analyst Ana Garcia downgraded Home Depot (NYSE: HD) shares to Hold from Buy following yesterdays earnings report.
The stock closed 2.15% lower on Tuesday as earnings showed demand softness. The new price target for HD stock is $306 per share, down from the... More
Home Depot (HD) Misses Q1 EPS by 5c, Revenues Miss; Updates Guidance
May 16, 2023 6:03 AM EDTHome Depot (NYSE: HD) reported Q1 EPS of $3.82, $0.05 worse than the analyst estimate of $3.87. Revenue for the quarter came in at $37.3 billion versus the consensus estimate of $38.6 billion.
GUIDANCE:
Fiscal 2023 Guidance
"Given the negative impact to first quarter... More
