Home Depot stock drops before Q4 earnings due to low builder sentiment and macro uncertainty.

From StockTwits: 2025-02-25 04:54:42

Stocktwits sentiment shifted to bearish on Home Depot ahead of fourth-quarter earnings, causing shares to drop over 1% after-hours. Analysts predict EPS of $3.04 on revenue of $39.15 billion, with eight out of 11 analysts rating the stock as a buy. Builder sentiment also dipped in February due to tariff and mortgage rate concerns. Home Depot adjusted its fiscal 2024 outlook, with a narrowed EPS decline and increased revenue and sales growth forecasts. The stock is down 1.69% year-to-date. Sentiment remains bearish on Stocktwits, but some see strong support for the company.



Read more at StockTwits: Home Depot Stock Falls Ahead Of Q4 Earnings As Low Builder Sentiment, Macro Uncertainty Weigh: Retail Sentiment Downbeat