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HD Prepares for Q2 Earnings: Analysts Raise Price Targets

Guavy AI Editorial Team
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HD
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The Home Depot is set to release its second quarter earnings report on August 18.

Analysts expect the company to report quarterly earnings of $4.73 per share, up from $4.68 per share in the year-ago period.

The consensus estimate for Home Depot's quarterly revenue is $47.24 billion, a significant increase from last year's $45.28 billion.

Despite the positive expectations, shares of Home Depot fell 0.8% to close at $338.86 on Friday.

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