Analysts expect Home Depot to report earnings of $1.15 a share and revenue of $20.82 billion for the first quarter.
Home Depot reported earnings of 96 cents a share in the year-ago quarter, missing analysts' estimates of 99 cents a share. The company reported revenue of $19.69 billion in the first quarter of fiscal 2015, below analysts' estimates of $19.95 billion.
The company reported earnings of $1 a share in the fourth quarter of fiscal 2015, above analysts' estimates of 89 cents a share. Home Depot reported revenue of $19.16 billion in the previous quarter, above analysts' estimates of $18.7 billion.
TheStreet Ratings team rates HOME DEPOT INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate HOME DEPOT INC (HD) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."