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Home Depot announced earnings per share of $2.08 on revenue of $28.26B. Analysts polled by Investing.com anticipated EPS of $2.28 on revenue of $27.53B. That with comparison to EPS of $2.27 on revenue of $26.38B in the same period a year before. Home Depot had reported EPS of $2.28 on revenue of $25.78B in the previous quarter. Analysts are expecting EPS of $3 and revenue of $30.9B in the upcoming quarter.
Home Depot shares are up 12% from the beginning of the year , still down 1.19% from its 52 week high of $248.31 set on May 18. They are outperforming the S&P 500 which is down 8.96% year to date.
Home Depot’s report follows an earnings missed by Amazon.com on April 30, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.
Visa A had beat expectations on April 30 with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.34 on revenue of $5.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
