What to expect when Home Depot reports third-quarter earnings

Wall Street will likely take note of how rising costs and other macroeconomic headwinds are affecting the retailer.A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021.on Tuesday will report third-quarter earnings, and Wall Street will be on the lookout for whether macroeconomic headwinds are hitting the retailer.

Consumers have been facing ongoing inflation, with rising costs hitting segments like food and housing especially hard. Home Depot — as well as competitor, which reports its third-quarter earnings Wednesday — are likely to provide insight into whether consumers are still spending on renovations and do-it-yourself home improvements.

Here's what Wall Street is expecting Home Depot to report on Tuesday, based on a survey of analysts by Refinitiv:

Record profits and stock buybacks,blaming high prices on supply chain like General Mills,Mondelez(Nabisco,Oreos)while gouging consumers

That they have terrible customer service HomeDepot

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