Home Depot

syswizard said:
According to Zacks Investment Research, based on 11 analysts' forecasts, the consensus EPS forecast for the quarter is $1.95. The reported EPS for the same quarter last year was $1.71.
August 16th....plenty of time for it to zoom into earnings....
be careful Zandy.
More...

Report in line pretty much. Sell the news? I think so.

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The Home Depot Inc. (HD - Analyst Report) , the world’s largest home improvement retailer, released second-quarter fiscal 2016 results, wherein earnings of $1.97 a share came a penny ahead of the Zacks Consensus Estimate and jumped 13.9% year over year.

Earnings Estimate Revision: The Zacks Consensus fiscal 2016 Estimate portrays an uptrend trend in the last 30 days. Further, in the trailing four quarters (including the quarter under review), the company has outperformed the Zacks Consensus Estimate by an average of 4.2%.

HOME DEPOT Price and EPS Surprise


HOME DEPOT Price and EPS Surprise | HOME DEPOT Quote
Revenues: Home Depot’s net sales increased 6.6% year over year to $26,472 million, also surpassing the Zacks Consensus Estimate of $26,437.2 million. Comparable store sales grew 4.7%, while comps for the U.S. stores rose 5.4%.

Outlook: Following a strong quarter, the company retained its sales outlook, while raising its earnings guidance for fiscal 2016.

Sales for the year are still expected to increase 6.3% with comparable store sales growth expected at 4.9%. Earnings per share is now envisioned to jump 15.6% year over year to $6.31. Earlier, it was anticipated to be $6.27 per share, reflecting a 14.8% year over year growth.
 
I bought the $139(P) weeklies .... About 2.10 per copy.... so far so bad lol.... but the day is young. Die Home Depot piggy, die!
:D
 
There's no where near the volume there should be for this morning. Unless something changes ....Its gonna drop. Could be wrong. You'd think there would be some big buys here at 138.50 if it wasn't done. I'm not adding anymore to my position, but those 139's @ $1.10 are damn near a sure thing. Mortgage granny's house. Stop her out @ .80
 
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