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3 Earnings Reports to Know This Week: Nvidia, Home Depot, Walmart

Nvidia, Home Depot and Walmart all report in the trading week that starts Monday, Nov. 16. Earnings per share (EPS) is a company's profit divided by its share count.

1. Nvidia, Tuesday, Nov. 17, after the close

Nvidia is scheduled to post fiscal third-quarter results at about 4:20 p.m. ET, with a call at 5 p.m. ET. It is the first report since the company said on Nov. 12 that Jensen Huang had resigned as CEO and CFO Colette Kress is interim CEO. The stock closed at $166.19 on Thursday, Nov. 12, down 4.34% that day.

The Nasdaq consensus of 13 analysts, read Nov. 12, is adjusted EPS of $2.49. Last quarter Nvidia reported adjusted EPS of $2.22 and revenue of $96.2 billion, up 106% from a year earlier, as Data Center revenue reached $89.0 billion, up 117%. Its own outlook for this quarter is revenue of $108.0 billion, plus or minus 2%.

2. Home Depot, Tuesday, Nov. 17, 9 a.m. ET

Home Depot said it will hold its third-quarter call at 9 a.m. ET. The Nasdaq consensus of 11 analysts, read Nov. 12, is adjusted EPS of $3.87. The stock closed at $348.26 on Thursday, Nov. 12.

In the second quarter, reported Aug. 18, Home Depot earned adjusted EPS of $4.92 (which leaves out certain items) on sales of $47.9 billion, with comparable sales up 1.7%. It reaffirmed full-year guidance for comparable sales growth of about flat to 2.0%, and that guidance includes tariff refunds.

3. Walmart, Thursday, Nov. 19, 7 a.m. ET

Walmart is scheduled to release third-quarter results at 7 a.m. ET, with a call at 8 a.m. ET. Its own guidance, issued Aug. 20, is adjusted EPS of $0.62 to $0.64. The Nasdaq consensus of 12 analysts, read Nov. 12, is $0.64.

Last quarter Walmart reported adjusted EPS of $0.81 on revenue of $187.9 billion, up 5.9%. That adjusted number leaves out a net loss of $0.12 per share on equity and other investments and a net benefit of $0.11 from a tax matter. The company also said its operating income growth included tariff refunds it received.

What It Means for You

Earnings season is when a company's results get checked against forecasts analysts wrote down in advance. A stock can fall after a profit increase if the number lands below the forecast, or if the outlook is weaker than hoped.

Each of these three carries its own risk. Nvidia reports while it searches for a permanent CEO, and the stock fell 4.34% on the Nov. 12 news. Home Depot's full-year guidance includes tariff refunds, which may not repeat.

Companies this large carry heavy weight in broad index funds, so their results can reach the portfolios of people who never buy a single stock.

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