The Home Depot Exceeds Earnings Expectations by $0.19 and Surpasses Revenue Estimates

The Home Depot Beats Q2 Earnings Estimates with EPS of $4.65 and Revenue of $42.9B

The Home Depot (NYSE: HD) outperformed expectations in the second quarter, reporting earnings per share (EPS) of $4.65, surpassing the analyst consensus of $4.46. Additionally, the company’s revenue for the quarter stood at $42.9 billion, exceeding the estimated $42.2 billion.

Following these strong results, The Home Depot’s stock price concluded at $329.95. Over the past three months, the stock has risen by 11.79%, and over the past year, it has shown a 0.79% increase.

The past 90 days witnessed 0 positive revisions and 26 negative revisions in The Home Depot’s EPS projections.

Source – investing.com

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