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Home Depot shares fall despite beating earnings forecast on forecast – Lowe’s Companies (NYSE:LOW), Home Depot (NYSE:HD)


Home Depot shares fall despite beating earnings forecast on forecast – Lowe’s Companies (NYSE:LOW), Home Depot (NYSE:HD)

Home Depot HD released its second-quarter earnings report and presented a mixed picture to investors. While the company beat Home Depot analysts’ earnings estimates, its lowered comparable sales forecast for fiscal 2024 caused Home Depot’s share price to decline. Following the announcement, Home Depot shares fell about 5% in premarket trading but recovered some losses […]