Home Depot Q EPS Beats Estimates as Erste Cuts FY2028 Earnings Outlook
Home Depot reported $4.92 EPS for the quarter, beating analysts’ $4.73 consensus. Erste Group Bank cut FY2028 earnings estimates, while multiple firms raised price targets after positive coverage. The company also disclosed a quarterly dividend and reported a payout ratio of 65.22%. Shares fell about 1.6%, and CFO Richard V. McPhail sold a small number of shares.