Home Depot (NYSE:HD) reported its Q3 earnings results on Tuesday, November 14, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Home Depot beat estimated earnings by 6.42%, reporting an EPS of $3.81 versus an estimate of $3.58.
Revenue was down $1.16 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.19 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 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 4.46 | 3.80 | 3.28 | 4.13 |
| EPS Actual | 4.65 | 3.82 | 3.30 | 4.24 |
| Revenue Estimate | 42.25B | 38.31B | 35.97B | 38.01B |
| Revenue Actual | 42.92B | 37.26B | 35.83B | 38.87B |
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.