Home Depot Earnings: 3 Trends to Watch

Home Depot Earnings: 3 Trends to Watch

Wall Street has high expectations heading into the first-quarter earnings report from Home Depot (NYSE: HD). The home improvement retailer has benefited from several positive trends in the past year, including soaring demand for do-it-yourself upgrade projects, rising prices for inputs like lumber, and a generally booming housing market. With that bigger picture in mind, let's look at a few metrics to follow when Home Depot announces its results on May 18.