Home Depot Boosts Year EPS Forecast by 4c; 2Q Results Match Ests
Source: BFW (Bloomberg First Word)
Tickers
HD US (Home Depot Inc/The)
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UUID: 7947283
(Bloomberg) -- Home Depot forecasts FY17 EPS $6.31, saw $6.27 in May, est. $6.34.
Alert: HALISTER- Still sees yr net sales up 6.3%, est. up 7%
- Reaffirms year comp. sales view +4.9%
- 2Q EPS $1.97 vs est. $1.97
- 2Q net sales $26.5b, est. $26.5b (range $26.3b-$26.8b, compiled by Bloomberg data)
- 2Q comparable sales +4.7%, est. +4.7% (compiled by Consensus Metrix)
- 2Q U.S. comp sales +5.4%
- 2Q average ticket sales $60.87 vs $59.42 y/y
- NOTE: Aug. 15, PREVIEW HOME DEPOT/LOWE’S 2Q: Growth in Comps. Likely Slowed Q/q
- Call 9am, (913)-312-6647
- Implied 1-day share move following earnings 2.8%: Bloomberg data
- Shares rose after 8 of prior 12 earnings announcements
- Beat or met adj. EPS ests. in 11 of past 12 quarters
- HD 23 buys, 8 holds, avg PT $149 (8.7% upside from last close): Bloomberg data
Source: BFW (Bloomberg First Word)
Tickers
HD US (Home Depot Inc/The)
To de-activate this alert, click here
UUID: 7947283