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

Market news

18 May 2021

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

Home Depot (HD) reported Q1 FY 2021 earnings of $3.86 per share (versus $2.08 per share in Q1 FY 2020), beating analysts’ consensus estimate of $2.93 per share.

The company’s quarterly revenues amounted to $37.500 bln (+32.7% y/y), beating analysts’ consensus estimate of $33.677 bln.

HD rose to $327.49 (+2.34%) in pre-market trading.

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