Home Depot Beat Earnings Views, Boosted the Dividend. Why the Stock Is Falling.



Home Depot


beat fourth-quarter earnings expectations, but missed on revenue and issued disappointing guidance for fiscal 2023. It also raised the dividend, but shares of the home-improvement retailer are tumbling.



Home Depot


(ticker:


HD


) reported fourth-quarter earnings per share of $3.30, beating analysts’ consensus estimates for $3.28, according to FactSet.

Source: https://www.barrons.com/articles/home-depot-earnings-stock-price-3aee0f51?siteid=yhoof2&yptr=yahoo