Home Depot: Earnings Are Coming. What to Expect From the Stock. - Barron's
1. Home Depot's earnings report is expected to be weaker than anticipated. 2. Store visits declined by 3.8% compared to last year. 3. High mortgage rates are negatively impacting home renovation demand. 4. Analysts lowered Q1 earnings expectations for Home Depot to $3.60 per share. 5. Market sentiment remains cautious, but some analysts maintain a Buy rating.