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Erste Group Bank Lowers Home Depot FY2028 EPS Estimate to $16.00

Guavy AI Editorial Team Published September 21, 2026

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Erste Group Bank has reduced its forecast for Home Depot's earnings per share (EPS) in fiscal year 2028.

The financial institution, led by analyst S. Lingnau, now expects the home improvement retailer to earn $16.00 per share, down from their previous estimate of $16.02.

This reduction comes despite Home Depot's strong quarterly earnings report on August 18th, which exceeded analysts' consensus estimates of $4.73 EPS by $0.19.

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