Home Depot: Strong Results Expected; Investors To Key On Guidance, Details

(RTTNews) - Home Depot (HD) is set to release its quarterly results on Tuesday. The home improvement retailer is projected to announce further profit growth, building on the advances it has posted in recent quarters.

Specifically, Home Depot is projected to earn $1.10 per share, according to a survey conducted by Thompson Reuters. This would be a notable improvement from last year's mark of $1.00 per share.

Further revenue growth is expected to fuel the profit gains. Analysts are looking for the top line to rise by more than 6 percent to about $20.4 billion. Home Depot posted a revenue total of about $19.2 billion in the same period last year.

But beyond the headline numbers, investors will be looking to several secondary metrics to see if the company can continue its growth. Also, the release will be scrutinized for signs as to whether Home Depot's optimism will continue.

Here's a look at 5 questions investors are likely to have in mind as Home Depot releases its results:

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