19.02.2016 19:06:49
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5 Questions For Home Depot's Earnings Report
(RTTNews) - Home Depot has been on a nice run lately, reporting improved earnings and raising guidance multiple times over the last several quarters. The home improvement retailer is expected to continue its streak of strong results when it announces its next quarterly report on February 23.
The company is expected to report another increase in quarterly profits, adding to a string of growth lately. Analysts polled by Thompson Reuters expect the company to earn $1.10 per share, compared to the $1.00 per share recorded in the same period last year.
Revenues are projected to increase as well. Analysts' consensus calls for better-than-6-percent growth, with the top line expected to rise to nearly $20.4 billion. This compared to a figure of about $19.2 billion last year.
Beyond the basic figures, though, there are 5 questions about the company's forecast and about its deeper growth numbers that investors will be looking at when the next report comes out.
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Home Depot Inc., The | 395,95 | -0,60% |