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Home Improvement Retailer Home Depot?s Q4 2014 Earnings: What You Need To Know - Gurufocus.com

Home Depot Inc Earnings Blow the Roof Off the Home Improvement Industry - NASDAQ.com

As the housing market improves, demand from small professional contractors will improve further. Millions of homes in the U.S. are under-maintained and with more disposable income in the hands of the consumers, there are high chances for the maintenance and renovation activities of these homes. All this will add significantly to the companys growth. On the back of such optimistic market conditions, the company expects 2015 earnings per share to range between $5.11 and $5.17 a share. All in all, Home Depot had a good year, and the current year is expected to equally good, or may be even better.
For the original version including any supplementary images or video, visit http://www.gurufocus.com/news/320335/home-improvement-retailer-home-depots-q4-2014-earnings-what-you-need-to-know

As a result, some of Home Depot's guidance for revenue and earnings was slightly less ambitious than investors had expected. Home Depot expects revenue to grow 3.5% to 4.7% for 2015, with 3.3% to 4.5% growth in comps and earnings in a range of $5.11 to $5.17 per share. Nevertheless, investors celebrated Home Depot's results, sending the stock soaring almost 4% in the first two hours of pre-market trading after the 6 a.m. EST announcement. Even though Home Depot's valuations have raised concerns, the company's ability to deliver solid growth has thus far justified those high earnings multiples.
For the original version including any supplementary images or video, visit http://www.nasdaq.com/article/home-depot-inc-earnings-blow-the-roof-off-the-home-improvement-industry-cm447686

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