Home Depot’s Quiet Earnings Ahead | Business and Finance News

Home Depot’s stock is stuck in neutral, up just 3% this year, as investors brace for their latest earnings drop on August 18th. Though they beat estimates last quarter with nearly $42 billion in revenue, EPS dipped due to acquisitions that boosted sales but didn’t help profits—especially with rising costs. Analysts expect modest growth this quarter, but the stock’s already high valuation means big moves will need strong guidance. With the housing market still sluggish, a major rebound isn’t likely soon. For now, patience is key—wait for clearer signs of recovery or a more reasonable price before jumping in. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/280c9dd81fa1156f