Top Wall Street Forecasters Revamp Home Depot Expectations Ahead Of Q1 Earnings
1. HD's Q1 earnings expected at $3.59, slightly down from last year. 2. Projected revenue growth to $39.14 billion from $36.42 billion last year. 3. HD has beaten revenue estimates for two consecutive quarters. 4. Multiple analysts maintain Overweight ratings, many cut price targets. 5. Stock fell 0.4% to $379.38 prior to earnings announcement.