From CNBC: 2025-02-25 05:30:01

Home Depot is set to report its fiscal fourth-quarter earnings, facing challenges from higher interest rates and home prices impacting demand for DIY projects. Analysts expect earnings per share of $3.01 and revenue of $39.16 billion. Sales growth slowed in 2023 as consumers shifted spending to services. The company struggles in a tough housing market, but remains optimistic about long-term growth drivers. Home Depot raised its full-year outlook in November, citing strong third-quarter results and increased hurricane-related demand. Despite challenges in the housing market, the company remains hopeful for future growth.



Read more at CNBC:: Home Depot (HD) Q4 2024 earnings