New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 12, 2012
12:33 EDTHDEarnings Preview: Home Depot sees FY12 EPS $2.95, to take $160M charge in Q3
Home Depot (HD) is expected to report Q3 earnings before the market open on Tuesday, November 13 with a conference call scheduled for 9:00 am ET. Analysts are looking for EPS of 70c on revenue of $17.92B. The consensus range is 68c-74c for EPS, and $17.75B-$18.07B for revenue, according to First Call. After reporting better than forecast Q2 EPS, the company raised its FY12 EPS view to $2.95 from $2.90, reflecting stock buybacks, vs. consensus $2.97. The company also forecast FY12 same-store sales up 4.6% and said it intends to repurchase $1.4B in additional shares over the rest of 2012. During the quarter, CEO Frank Blake told Reuters that the U.S. housing market is a "long way away from true recovery". The company backed its FY12 EPS view and said it will take a charge of $160M, or approximately 10c per share, in Q3 on the close of seven big box stores in China. Home Depot could surprise investors in its Q3 report, Barron's said on October 29. Consumers are scampering to buy up home repair supplies, batteries, generators and such to fight off the effects of Hurricane Sandy boosting sales at the home builder stores. Analysts believe Home Depot may come out on top of rival Lowe's (LOW) given its larger store presence in storm-affected areas. Analysts and investors will listen for comments from the company on the housing recovery, as well as what impact Hurricane Sandy and Winter Storm Athena may have on its Q4 and FY12 results.
News For HD From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 25, 2014
06:57 EDTHDHome Depot says investigation of data breach 'ongoing'
Subscribe for More Information
November 21, 2014
16:36 EDTHDMarket ends week higher as domestic data, foreign central banks boost shares
Subscribe for More Information
November 19, 2014
11:44 EDTHD Lowe’s hits 52-week high after Q3 results beat estimates, boosting forecast
Subscribe for More Information
07:39 EDTHDHome Depot weakness a buying opportunity, says UBS
UBS said it would use any weakness in Home Depot as a buying opportunity on the belief the company can continue to generate 15%-20% earnings growth. UBS reiterated its Buy rating and $108 price target on Home Depot shares.
November 18, 2014
17:22 EDTHDInvestors should think about buying Home Depot dip, Barron's says
Subscribe for More Information
16:26 EDTHDOn The Fly: Closing Wrap
Subscribe for More Information
12:08 EDTHDOn The Fly: Midday Wrap
Subscribe for More Information
09:38 EDTHDHome Depot says any bias in forecast would be on upside
Subscribe for More Information
09:23 EDTHDHome Depot says 'impressed' with November sales to date
Subscribe for More Information
09:22 EDTHDHome Depot says housing market recovery tracking in line with expectations
Subscribe for More Information
09:20 EDTHDOn The Fly: Pre-market Movers
Subscribe for More Information
07:47 EDTHDHome Depot mispriced given point in housing cycle, says Janney Capital
Subscribe for More Information
06:06 EDTHDHome Depot backs FY14 EPS view of about $4.54, consensus $4.50
Backs FY14 revenue guidance of up approximately 4.8%. This earnings-per-share guidance includes the benefit of the company's year-to-date share repurchases of $5.74B and the company's intent to repurchase an additional $1.26B of shares in the fourth quarter. The earnings-per-share guidance also includes an estimate of net breach-related costs of approximately $34M for the year. The company's FY14 diluted EPS guidance does not include an accrual for other probable losses related to the breach that cannot be estimated at this time. Other than the breach-related costs contained in the company's updated FY14 diluted EPS guidance, at this time the company is not able to estimate the costs, or a range of costs, related to the breach. Costs related to the breach may include liabilities to payment card networks for reimbursements of credit card fraud and card reissuance costs; liabilities related to the company's private label credit card fraud and card reissuance; liabilities from current and future civil litigation, governmental investigations and enforcement proceedings; future expenses for legal, investigative and consulting fees; and incremental expenses and capital investments for remediation activities. Those costs may have a material adverse effect on the company's financial results in Q4 and/or future periods.
06:02 EDTHDHome Depot reports Q3 EPS $1.15, consensus $1.13
Subscribe for More Information
November 17, 2014
15:16 EDTHDNotable companies reporting before tomorrow's open
Subscribe for More Information
14:31 EDTHDHome Depot November 99 straddle priced for 3.4% move into Q3
Subscribe for More Information
14:25 EDTHDHome Depot technical notes ahead of earnings
Subscribe for More Information
14:21 EDTHDEarnings Preview: Home Depot shares up over 17% since last earnings report
Subscribe for More Information
09:36 EDTHDActive equity options trading
Active equity options trading according to Track Data: AAPL PBR BHI GILD MU HD AMZN TSLA YHOO FB TWTR
08:41 EDTHDHome Depot November volatility elevated into Q3 and outlook
Home Depot November call option implied volatility is at 38, December is at 21, January is at 20; compared to its 26-week average of 18 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on November 18.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use