Home Depot Stock Slides on Guidance Despite Earnings Beat
Home Depot(HD) Benzinga·2024-08-20 01:23
Home Depot HD released its second-quarter earnings report, presenting a mixed picture for investors to decipher. While the company beat Home Depot's analyst community's earnings estimates, its lowered comparable sales guidance for fiscal 2024 caused a drop in Home Depot's share price. After the announcement, Home Depot stock fell about 5% in pre-market trading but recovered some losses in early morning trading. Unpacking Home Depot's Q2 Earnings Home Depot's financial report for the second quarter of 2024 ...