The Home Depot Announces Third Quarter Fiscal 2023 Results; Narrows Fiscal 2023 Guidance
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Citi Mixed on Home Depot (HD), 'We expect HD shares to trade flattish today'
November 14, 2023 7:12 AM ESTCiti analyst Steven Zaccone reiterated a Neutral rating and $333.00 price target on Home Depot (NYSE: HD).
The analyst comments "HD reported roughly in-line results with Street & market expectations 3Q EPS slightly beat the Street, SSS came in at -3.1% (-3.5% in the... More
Goldman Sachs Positive on Home Depot (HD), 'We expect a positive reaction to the better-than-expected results'
November 14, 2023 7:11 AM ESTGoldman Sachs analyst Kate McShane reiterated a Buy rating and $350.00 price target on Home Depot (NYSE: HD).
The analyst comments "We expect a positive reaction to the better-than-expected results (vs. consensus) and narrowed FY23 guidance, in which management raised the... More
Stifel Cautious on Home Depot (HD) Following Earnings, 'we are cautious'
November 14, 2023 7:09 AM ESTStifel analyst W. Andrew Carter reiterated a Hold rating and {REMOVEPT} price target on Home Depot (NYSE: HD).
The analyst comments "We continue with our Hold rating for the shares of Home Depot and $306 target price. We derive our target price by assigning an 18x P/FY25E EPS multiple, which represents a... More
Home Depot (HD) Tops Q3 EPS by 5c; Narrows Outlook
November 14, 2023 6:03 AM ESTHome Depot (NYSE: HD) reported Q3 EPS of $3.81, $0.05 better than the analyst estimate of $3.76. Revenue for the quarter came in at $37.7 billion versus the consensus estimate of $37.63 billion.
GUIDANCE:
The company narrowed its prior fiscal 2023 guidance range:
Sales and... More