Home Depot Inc Earnings Model (Anna)
Author: Venkat Anna, Published: February 24, 2020 6:34pm, Category: Earnings Preview (Prior to Fiscal 4Q2019 earnings)
Summary of Model: The model takes a bullish view for Home Depot this quarter based on the fact that interest rates have been at record lows in the housing market, which encourages house building. In addition, home equity rates are low, prompting people to upgrade their houses for the coming season. The macro-environment (strong job market and strong economy) is favorable to the real estate and housing sectors, with enough tailwinds to increase earnings for Home Depot.
Disclosure of Potential Conflicts of Interest: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.