While other businesses might be struggling, Home Depot has had a nice little run with the numbers lately. This building supply company has been reporting improved earnings and is expected to continue to do so when it makes its report about quarterly earnings on February 23rd.
Analysts expect the company to report yet another increase in quarterly profits, adding to a string of improved growth lately. Home Depot is expected to earn $1.10 per share, which is up from their $1.00 per share price at this same time last year. Analysts are also expecting revenues to increase for the next quarter as well.
Home Depot had annual revenue last year of $19.2 billion. This year, the company is expected to have annual revenue of $20.4 billion. Even with excellent reports such as these, investors have a few questions for Home Depot about their forecast and the direction of the company.
- Are Home Depot’s long term financial targets reasonable? The company laid out plans through 2018 for interconnecting retail and financial targets but it might be a bit early to tell if these plans will pan out. 2018 is still quite a ways in the distance!
- Can the company maintain short term guidance? Home Depot raised guidance when it released its first-quarter results of fiscal 2015 . It raised its forecast again with its second-quarter results. So far, these have been on target but the fourth quarter is the true culmination of these predictions.
- Will average ticket growth pick up again? While the number of actual transactions has been rising, the price of each sale, or ticket, has been falling in each of the past four quarters.
Can Home Depot keep up with a strong comparable sales growth? Beyond all the basics and forecasts, investors will most likely want answers to these questions when the next report comes out.
Source: RTT News
xWhile other businesses might be struggling, Home Depot has had a nice little run with the numbers lately. This building supply company has been reporting improved earnings and is expected to continue to do so when it makes its report about quarterly earnings on February 23rd.
Analysts expect the company to report yet another increase in quarterly profits, adding to a string of improved growth lately. Home Depot is expected to earn $1.10 per share, which is up from their $1.00 per share price at this same time last year. Analysts are also expecting revenues to increase for the next quarter as well.
Home Depot had annual revenue last year of $19.2 billion. This year, the company is expected to have annual revenue of $20.4 billion. Even with excellent reports such as these, investors have a few questions for Home Depot about their forecast and the direction of the company.
History
- Are Home Depot’s long term financial targets reasonable? The company laid out plans through 2018 for interconnecting retail and financial targets but it might be a bit early to tell if these plans will pan out. 2018 is still quite a ways in the distance!
- Can the company maintain short term guidance? Home Depot raised guidance when it released its first-quarter results of fiscal 2015 . It raised its forecast again with its second-quarter results. So far, these have been on target but the fourth quarter is the true culmination of these predictions.
- Will average ticket growth pick up again? While the number of actual transactions has been rising, the price of each sale, or ticket, has been falling in each of the past four quarters.
Can Home Depot keep up with a strong comparable sales growth? Beyond all the basics and forecasts, investors will most likely want answers to these questions when the next report comes out.
Source: RTT News
Jd says
I understand homedepot doesn’t condole favoritism. Lwell then why is it going on at the homedepot in Toccoa Ga. One of the employees can take time off when ever she likes witch leaves other employees to work harder to complete what has to be done that day. What i believe is someone from corporate should visit this store undercover. This woman works. 7 to 11. Is this the kind of employees you actually want working for you. I would really like to know if this matter is actually going to be investigated. If not all I can say is. I feel sorry for the employees that have to work with someone that is incomplete and gets away with it because her mother works for you to. What a shame. Just saying