The Home Depot IncShares fell 2.83% ahead of the Nov 17 earnings report; article only reports the price move and analyst estimates with no stated cause.

Home Depot closed the most recent trading day at $296.72, down 2.83% from the previous session, a steeper decline than the S&P 500's 0.76% loss, the Dow's 0.68% drop and the Nasdaq's 1.13% fall. The home-improvement retailer's upcoming earnings report is expected on November 17, 2026, with analysts predicting earnings per share of $3.87, a 3.48% increase from the year-earlier quarter, and revenue of $42.72 billion, up 3.3%. For the full year, consensus estimates project earnings of $15 per share and revenue of $171.35 billion, representing changes of +2.11% and +4.05% respectively from the prior year. Over the last 30 days the consensus EPS estimate has moved 0.09% higher, and Home Depot currently carries a Zacks Rank of #3 (Hold). The stock trades at a forward P/E ratio of 20.35, a premium to its industry average of 18.62, and holds a PEG ratio of 3.36 versus an average of 1.96 for the Retail - Home Furnishings industry, which sits in the bottom 23% of all 250+ industries by Zacks Industry Rank.
The Home Depot IncShares fell 2.83% ahead of the Nov 17 earnings report; article only reports the price move and analyst estimates with no stated cause.