Shares of Home Depot (HD)  have rallied in recent days on backs of a Donald Trump victory, as investors are placing bets the President-elect will be positive for the real estate and construction markets. 

However shareholders will be more interested in hearing it straight from the company's mouth and whether the optimism is warranted or if the exuberance needs to be tempered a bit.

Shares of both Home Depot and its competitor Lowe's (LOW)  have been bid up to the tune of nearly 7% since election day on early speculation that infrastructure and construction booms are likely to happen under President Trump. However, analysts have noted that Home Depot may be experiencing some struggles in stores open more than a year, also known as same store sales.

"Compared to Q2, our Q3 field checks softened slightly and guidance for the year would have suggested some sequential deceleration against more challenging comparisons," Jefferies analyst Daniel Binder wrote in a note to clients. "Nonetheless, we made a modest 50 bps adjustment to our Q3 comp store sales forecast to reflect what webelieve was some choppiness in bigger ticket businesses."

There's been some concern that the boom the home improvement company has experienced in recent years is slowing. Investors will be looking for any signs of that weakness when the company reports third-quarter results November 15 before the market opens.

Analysts surveyed by Yahoo! Finance expect the company to earn $1.58 a share on $23.07 billion in sales during the third quarter.

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