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Home Depot Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

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© Reuters. Home Depot Revenue Beats in Q3

Investing.com – Home Depot (NYSE:) Tuesday reported that the third quarter beat analyst forecasts, and that revenue exceeded expectations.

Home Depot reported earnings per share at $3.92 on revenues of $36.82B. Investing.com polled analysts and predicted EPS at $3.41 on revenues of $34.83B.

Home Depot shares rose 39% over the first of the year but are down 1.08% from October 29’s 52-week peak of $375.15. They are outperforming the S&P 500 which is up 24.67% from the start of the year.

Home Depot joins other top Consumer Discretionary Sector earnings this month

Home Depot’s earnings report is following an Amazon.com miss in October. Amazon.com reported EPS for $110.81B on revenues of $110.81B. Forecasts were for EPS to be $8.9 on revenues of $111.55B.

Tesla exceeded expectations by beating all forecasts on October 20, with third-quarter EPS at $1.86 on $13.76B of revenue. This compares to the $1.62 expected for revenue of $14B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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