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What to Watch Tuesday: Home Depot Earnings, Consumer Price Index

Investors await Home Depot's earnings and the July consumer price index on Tuesday.
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Investors await Home Depot's (HD) - Get Home Depot, Inc. (HD) Report earnings and the July consumer price index Tuesday. Home Depot is expected to report second-quarter earnings of $1.97 a share on sales of $26.48 billion. During the same quarter a year ago, the company posted earnings of $1.71 a share with revenue of $24.83 billion. Analysts will be watching the retailer's comparable-store sales, which rose 7.4% year over year in the first quarter. BHP Billiton (BHP) - Get BHP Group Ltd Sponsored ADR Report , Dick's Sporting Goods (DKS) - Get Dick's Sporting Goods, Inc. Report , TJX Companies (TJX) - Get TJX Companies Inc Report and Urban Outfitters (URBN) - Get Urban Outfitters, Inc. Report also report earnings Tuesday. 

On the economic calendar, the July consumer price index is released at 8:30 a.m., along with July housing starts. At 9:15 a.m., industrial production figures for July are released. 

TheStreet's Scott Gamm reports from Wall Street.

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