Home Depot Earnings, Revenue Beat in Q2
2022.08.16 13:14
Home Depot Earnings, Revenue Beat in Q2
Investing.com – Home Depot (NYSE:HD) reported on Tuesday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Home Depot announced earnings per share of $5.05 on revenue of $43.79B. Analysts polled by Investing.com anticipated EPS of $4.94 on revenue of $43.36B.
Home Depot shares are down 24% from the beginning of the year, still down 25.20% from its 52 week high of $420.61 set on December 6, 2021. They are under-performing the S&P 500 which is down 9.84% from the start of the year.
Home Depot follows other major Consumer Discretionary sector earnings this month
Home Depot’s report follows an earnings missed by Amazon.com on July 28, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on July 20 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
