Company News: Home Depot (HD) quarterly results beat analysts’ forecasts

Market news

18 August 2020

Company News: Home Depot (HD) quarterly results beat analysts’ forecasts

Home Depot (HD) reported Q2 FY 2020 earnings of $4.02 per share (versus $3.17 per share in Q2 FY 2019), beating analysts’ consensus estimate of $3.71 per share.

The company’s quarterly revenues amounted to $38.05 bln (+23.4% y/y), beating analysts’ consensus estimate of $34.53 bln.

HD rose to $294.75 (+2.26%) in pre-market trading.

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