Recap: Home Depot Q1 Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

Home Depot (NYSE:HD) reported its Q1 earnings results on Tuesday, May 17, 2022 at 06:00 AM.

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Here's what investors need to know about the announcement.

Earnings

Home Depot beat estimated earnings by 11.44%, reporting an EPS of $4.09 versus an estimate of $3.67.

Revenue was up $1.41 billion from the same period last year.


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Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 2.44% drop in the share price the next day.

Here's a look at Home Depot's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 3.17 3.40 4.43 3.07
EPS Actual 3.21 3.92 4.53 3.86
Revenue Estimate 34.87B 34.49B 40.73B 34.89B
Revenue Actual 35.72B 36.82B 41.12B 37.50B

To track all earnings releases for Home Depot visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsBZI-Recaps