Home Depot (NYSE:HD) reported its Q1 earnings results on Tuesday, May 16, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Home Depot beat estimated earnings by 0.53%, reporting an EPS of $3.82 versus an estimate of $3.8.
Revenue was down $1.65 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 0.27% increase in the share price the next day.
Here’s a look at Home Depot’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 3.28 | 4.13 | 4.95 | 3.67 |
| EPS Actual | 3.30 | 4.24 | 5.05 | 4.09 |
| Revenue Estimate | 35.97B | 38.01B | 43.40B | 36.71B |
| Revenue Actual | 35.83B | 38.87B | 43.79B | 38.91B |
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.
