Home Depot reports earnings before the bell. Here's what to expect

People wear protective face masks outside Home Depot in the Flatiron district as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 8, 2020 in New York City.is expected to report its fiscal second-quarter earnings before the bell Tuesday as investors watch to see how much of a bump in sales the home improvement retailer got from the pandemic.Adjusted EPS: $3.71Analysts estimate sales grew by 11.

. Most states deemed it an essential retailer, helping it keep its doors open during the strictest phase of lockdowns. Its e-commerce business is booming, and curbside pickup is now available at most of its stores.Last quarter, the company reportedInvestors will also be watching to see how Home Depot's professional business fared. Bank of America analyst Elizabeth Suzuki wrote in a research note Monday that its reliance on professional customers puts it at a disadvantage relative to rival.

Home Depot suspended its fiscal 2020 outlook in May, citing the uncertainty related to the duration of the outbreak and its impact on the broader economy.This story is developing. Please check back for updates.

The stock market only goes up.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Stocks making the biggest moves in the premarket: Sanofi, Barrick Gold, Nvidia, Home Depot & moreThe stocks making the biggest moves in premarket trading include KeeseLove Top story today. Are they buying back their stock?
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Stocks making the biggest moves midday: Barrick Gold, Tesla, Teladoc, Home Depot & moreBarrick Gold gets a boost after Berkshire Hathaway discloses a stake in the company. Teladoc jumped on a Credit Suisse upgrade. All this news is hard to keep up with but it doesn’t mean you can’t invest. Buy ETFs and index funds to make it easy for yourself while still generating a great gain.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Renovation boom to drive record growth at Home Depot, Lowes, BofA says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I cleaned the floor
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »