Home Depot Inc Earnings Model (Jain)
Author: Adit Jain, Published: January 26, 2020 7:25pm, Category: Earnings Preview (Prior to the Fiscal 4Q2019 earnings release)
Summary of Model: My overall view for Home Depot this quarter is bullish, total sales growth has been weakening but analysts have projected too weak of a quarter primarily dependent upon the housing market, which is not as strong because of low-interest rates. The total sales will be on the upper edge of the guidance’s figure. I believe that the product mix will be favorable and tariffs will not be that big of an issue also considering that the trade war has been less of a headline.
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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.