** Shares of Home Depot HD.N down 0.8% to $396.08 in early afternoon trading Mon with home improvement giant's qtrly results due before markets open on Tues, with stalled housing recovery and tariffs in focus
** Wall Street calling for Q2 rev of $45.37 bln, up 5% from a yr-ago, and adj EPS of $4.71 compared to $4.60 in Q2 2024, per LSEG
** HD and its rival Lowe's LOW.N have been facing headwinds, including housing market slowdown, tariffs and a consumer reluctant to spend on big-ticket items
** On Jun 30, HD said its SRS unit agreed to acquire specialty building products distributor GMS GMS.N for about $4.3 bln, stepping up its efforts to capture more demand from professional contractors
** BofA Global Research, which rates HD 'buy', said in a preview note it expects co to see continued share gains as it accelerates its "Complex Pro" strategy, which focuses on serving contractors and builders, particularly those managing larger, more complex projects
** Of 40 brokerages covering HD, recommendation breakdown is 26 "strong buy" or "buy", 13 "hold" and 1 "strong sell" rating; median PT of $420 unchanged over the past two months - LSEG
** With move on the session, HD shares up ~2% YTD compared with nearly 6% advance in the Dow Jones Industrial Average .DJI