Home Depot (NYSE: HD) steps into the earnings spotlight on Tuesday, May 19, releasing its first-quarter fiscal 2026 results before the market open against a backdrop of a depressed share price and persistent housing market headwinds.
Wall Street expects the Atlanta-based retailer to post earnings per share of $3.41, a 4.2% decline from the $3.56 recorded a year ago, according to Yahoo Finance analyst consensus across 30 analysts.
Analysts expect revenue to grow 4.2% year over year to $41.54 billion — sitting at the upper end of the company’s full-year guidance range.
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
When Home Depot issued its fiscal 2026 outlook in February, it guided for total sales growth of 2.5% to 4.5% and comparable sales of flat to +2.0%.
On the bottom line, the company projected adjusted diluted EPS growth of flat to 4.0% from a fiscal 2025 base of $14.69, implying a full-year range of roughly $14.69 to $15.28.
The Yahoo Finance full-year consensus of $15.05 sits comfortably in the middle of that band. Management also guided for a full-year gross margin of approximately 33.1% and an adjusted operating margin of 12.8% to 13.0%.
Comparable-store sales and any update to full-year guidance will be the key market-moving variables.
HD shares have tumbled from their 52-week high of over $426, hovering above $304 — close to their 52-week low of $299.27.
With the average analyst price target at $404.1 and 21 Strong Buy ratings against just one Sell, bulls see deep value following the decline.
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YOUR CAPITAL IS AT RISK. 76% OF RETAIL CFD ACCOUNTS LOSE MONEY
