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Atlanta, Georgia-based The Home Depot, Inc. (HD) operates as a home improvement retailer in the United States and internationally. With a market cap of $369.1 billion, the company offers a diverse range of branded and proprietary home improvement items, building materials, lawn and garden products, decorative products, and related services.
The home improvement titan is expected to announce its fiscal Q2 2025 earnings results before the market opens on Tuesday, Aug. 19. Ahead of this event, analysts expect the company to report a profit of $4.71 per share, up marginally from $4.67 per share in the year-ago quarter. It has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on one other occasion.
For fiscal 2025, analysts expect the company to report an EPS of $15.03, down 1.4% from $15.24 in fiscal 2024. However, its EPS is likely to rise 9.3% annually to $16.43 in FY2026.
Shares of HD have gained 4.7% over the past 52 weeks, underperforming both the S&P 500 Index's ($SPX) 14.5% rise and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 19.9% return over the period.
On May 20, shares of HD closed down marginally following the release of its Q1 earnings. The company’s revenue increased 9.4% from the year-ago quarter to $39.9 billion and surpassed the Street’s estimates, mainly driven by a robust growth in customer transactions. However, the company’s adjusted EPS for the quarter came in at $3.56, falling marginally short of the consensus estimates.
Analysts' consensus view on HD’s stock is highly upbeat, with a "Strong Buy" rating overall. Among 35 analysts covering the stock, 26 recommend "Strong Buy," one suggests "Moderate Buy," seven indicate “Hold,” and the remaining analyst gives it a “Strong Sell.”
HD’s mean price target of $422.18 represents a 12.2% upswing from the current market prices.
