Home Depot, Inc. (HD) is set to announce its Q415 earnings before the market opens on Tuesday, Feb. 23 with a conference call to follow at 9 a.m. ET. Analysts expect the home improvement retailer to report earnings per share of $1.10 and revenue of $20.39 billion. That would be $0.26 lower the $1.36 per share posted last quarter and $0.10 higher the $1.00 posted in the Q414. Revenue is projected to be $1.19 billion higher than the $19.2 billion posted in the same period a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $1.12 per share.
As a quick reminder, Home Depot reported Q315 EPS of $1.36, $0.04 better than the Street’s consensus estimate of $1.32. Revs increased 6.24% year-over-year to $21.8 billion versus the $21.77 billion consensus.
Home Depot recently traded at $122.80, a gain of $1.11 over Friday’s closing price. The name has a current market capitalization of $155.70 billion.
As for passive income investors, Atlanta, Georgia-based company pays shareholders $2.36 per share annually in dividends, yielding 1.94%. Five year average dividend yield currently stands at 2.05%.
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