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Home Depot Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Home Depot will report Q2 earnings on Aug. 19, estimating $4.69 EPS. 2. Projected revenue for Q2 is $45.31 billion, up from $43.17 billion. 3. Home Depot has beaten revenue estimates for three consecutive quarters. 4. Recent analyst ratings show a generally positive outlook with higher price targets. 5. HD shares dropped 1.2% to $394.70 before earnings release.

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FAQ

Why Bullish?

Home Depot's consistent earnings and revenue growth strengthen investor confidence, akin to trends seen in previous quarters.

How important is it?

Positive earnings forecasts and analyst upgrades suggest strong future performance, potentially uplifting stock prices.

Why Short Term?

Earnings reports typically produce immediate market reactions, as seen historically with other companies.

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