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Anticipation builds for Home Depot's Q2 earnings release; recent adjustments from Wall Street's top analysts are highlighted.

ResultsRead the original at benzinga.com
Neutral

The company is set to report Q2 earnings, with analysts expecting an increase in earnings per share and revenue, which could influence stock price.

HD · The Home Depot, Inc.

AI read · Neutral

The AI's read

Home Depot reports Q2 before the open. Analysts expect EPS $4.73 and revenue $47.24B, both higher year-over-year. CEO Ted Decker will take a temporary medical leave and the stock has slipped about 1% on the news. Sell-side tone is mixed, with some price-target bumps and some holds. The catalyst is fresh but asymmetry is limited given modest consensus beats and only modest upside in targets. We lean neutral because the print and management update can push the name either way.

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