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Home Depot & AstraZeneca Q3 2024 Earnings Preview

Home Depot (HD) and AstraZeneca (AZN) are set to release their Q3 2024 earnings on November 12 premarket, each navigating distinct growth drivers and market challenges. Home Depot continues to leverage its strong market position and digital growth with a 4% YoY increase in online sales in Q2. However, declining in-store sales, consumer spending pressure, and high mortgage rates challenge the home improvement sector. Currency fluctuations and R&D costs may impact short-term performance, but a solid product pipeline supports long-term growth.

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S&P 500 Outlook: Watch Walmart, Target and Home Depot earnings

Markets are preparing for US retail sales data and earnings out from Home Depot, Walmart and Target.