Analysts peg Home Depot Q1 EPS at $3.41 ahead of May 19 report

Home Depot is due to report first-quarter 2026 results before the opening bell on Tuesday, May 19, according to the company’s investor relations calendar and a May 5 statement. Yahoo Finance data viewed on May 16 showed analysts expect earnings per share of $3.41 for the quarter ended April 2026, down from $3.56 a year earlier. Revenue is expected at $41.51 billion, based on 27 analyst estimates compiled by Yahoo Finance. The May 19 report lands as Home Depot heads into the spring selling season with a fiscal 2026 outlook that calls for total sales growth of 2.5% to 4.5% and comparable sales growth of roughly flat to 2.0%. The company gave that outlook with its fourth-quarter and fiscal 2025 results on Feb. 24. Ted Decker, Home Depot’s chair, president and chief executive, said at the time that fourth-quarter results reflected “ongoing consumer uncertainty and pressure in housing,” while adding that underlying demand was relatively stable after adjusting for storms. (ir.homedepot.com) ### How far have Wall Street estimates moved ahead of the report? Yahoo Finance’s estimate page showed the consensus for Home Depot’s current quarter at $3.41 a share on May 16. That figure was unchanged from seven and 30 days earlier, down by one cent from 60 days earlier and down from $3.62 90 days earlier, according to the same page. (ir.homedepot.com) The same Yahoo Finance page showed 21 downward EPS revisions for the quarter in the last seven days and no upward revisions in that period. For the next quarter, the consensus stood at $4.74 a share from 30 analysts. ### What does the consensus imply versus last year’s quarter? Yahoo Finance’s comparison data showed Home Depot earned $3.56 per share in the year-earlier quarter. (finance.yahoo.com) Against the current $3.41 consensus, that implies a year-over-year decline of about 4.1%. Yahoo Finance also listed expected first-quarter revenue growth of 4.14% from the prior-year period. The estimate page also showed projected current-year earnings of $15.05 a share and next-year earnings of $16.31 a share. Those figures compare with adjusted diluted earnings per share of $14.69 for fiscal 2025, as reported by Home Depot on Feb. 24. ### What did Home Depot say about the year ahead? Home Depot said on Feb. 24 that it expected the home-improvement market in fiscal 2026 to range from down 1% to up 1%. (finance.yahoo.com) The company’s preliminary fiscal 2026 outlook called for comparable sales growth of approximately flat to 2%, total sales growth of approximately 2.5% to 4.5%, and adjusted diluted earnings per share growth of approximately flat to 4.0%. Fiscal 2025 sales were $164.7 billion, up 3.2% from fiscal 2024, while comparable sales rose 0.3%, Home Depot said in its Feb. 24 earnings release. Net earnings for fiscal 2025 were $14.2 billion, or $14.23 per diluted share, compared with $14.8 billion, or $14.91 per diluted share, a year earlier. (ir.homedepot.com) ### What else will investors watch on May 19? Home Depot said its first-quarter earnings conference call is scheduled for 9 a.m. ET on May 19, and the webcast will be carried on the company’s investor relations site. A replay is set to be available beginning at about noon that day, the company said. At the end of fiscal 2025, Home Depot operated 2,359 retail stores and more than 1,250 SRS locations, according to the May 5 statement. (ir.homedepot.com) The company said it employed more than 470,000 associates and that its shares trade on the New York Stock Exchange under the symbol HD. (ir.homedepot.com)