Home Depot Slipping From Multi-Year Highs Ahead Of 1Q 2012 Earnings

Home Depot (HD) is expected to report 1Q 2012 earnings before the opening bell on Tuesday, May 15. The home improvement giant is expected to report earnings at approximately 6:00 a.m. EST and follow with a conference call at 9:00 a.m. Home Depot is a member of the Dow Jones Industrial Average and is widely seen as a play on the index futures. Coming into the earnings, Home Depot appears to be the preferred name in the home improvement space among Wall Street analysts, but fetches a slightly lower premium relative to Lowe’s (LOW).

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