HD Earnings Preview
Leading home improvement retailer Home Depot (HD) reports earnings before the open Tuesday. The stock has been mostly sideways for more than a year and I am tactically short. That is, I’m a long term believer in the company but…
DHI: No Signs Of Housing Weakness
I have been expecting weakness in the housing market due to high mortgage rates and a weakening economy – but it isn’t showing up in the results of the home builders. DR Horton (DHI) reported earnings for the quarter ended…
Recent Earnings Reports Suggest Economic Growth Has Peaked
A close analysis of earnings reports from five companies over the last two weeks suggests to me that economic growth has peaked. The clearest example of a coming slowdown comes from $10 billion home furnishings retailer Restoration Hardware (RH). On…
Sniffing Out A Housing Top
Two of the big public homebuilders – Lennar (LEN) and KB Homes (KBH) – reported FY1Q22 earnings in the last week. (Their fiscal year quarters ended on February 28, 2022). A look at their results – and the charts –…