What Will Drive Home Depot's Growth In Q1 2019? - News Summed Up

What Will Drive Home Depot's Growth In Q1 2019?


Home Depot (NYSE: HD) is set to announce its Q1 2019 (ended April 2019) results on May 21, 2019, followed by a conference call with analysts. The market expects the company to report revenue close to $26.4 billion for Q1 2019 (ended April 2019), which would be an increase of 5.8% on a y-o-y basis. Market expectation is for the company to report earnings of $2.19 per share for Q1 2019 (ended April 2019), higher than $2.08 per share in the year-ago period. In Q1 2019 we expect the same to continue. Cost of Sales has been steady at around 66% of Total Revenue over the quarters and we expect the same for Q1 2019.


Source: Forbes May 20, 2019 21:22 UTC



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