Recap: Home Depot Q2 Earnings

Recap: Home Depot Q2 Earnings

 

Home Depot HD reported its Q2 earnings results on Tuesday, August 16, 2022 at 06:00 AM.

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

Earnings

Home Depot beat estimated earnings by 2.02%, reporting an EPS of $5.05 versus an estimate of $4.95.

Revenue was up $2.67 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.42 which was followed by a 5.24% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 3.67 3.17 3.40 4.43
EPS Actual 4.09 3.21 3.92 4.53
Revenue Estimate 36.71B 34.87B 34.49B 40.73B
Revenue Actual 38.91B 35.72B 36.82B 41.12B

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.

Posted In: BZI-RecapsEarnings