HD - Home Depot Suffers a Larger Drop Than the General Market: Key Insights | Benzinga
The most recent trading session ended with Home Depot (NYSE: HD) standing at $331.97, reflecting a -0.67% shift from the previouse trading day's closing. This move lagged the S&P 500's daily loss of 0.34%. Meanwhile, the Dow gained 0.23%, and the Nasdaq, a tech-heavy index, lost 0.33%.
Shares of the home-improvement retailer witnessed a loss of 7.93% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 4.37% and the S&P 500's loss of 4.05%.
Analysts and investors alike will be keeping a close eye on the performance of Home Depot in its upcoming earnings disclosure. The company's earnings report is set to go public on May 14, 2024. The company is expected to report EPS of $2.78, down 27.23% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $36.69 billion, reflecting a ...