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  • Company news: Home Depot (HD) quarterly earnings marginally beat analysts’ forecasts
Ekonomické zprávy
21.02.2023

Company news: Home Depot (HD) quarterly earnings marginally beat analysts’ forecasts

Home Depot (HD) reported Q4 FY2022 earnings of $3.30 per share (versus $3.21 per share in Q4 FY2021), slightly beating analysts’ consensus estimate of $3.29 per share.

The company’s quarterly revenues amounted to $35.831 bln (+0.3% y/y), roughly in line with analysts’ consensus estimate of $35.999 bln.

The company also issued guidance for FY 2024, seeing EPS decline of mid-single digits, which translates to ~$15.86 versus analysts’ consensus estimate of $16.77, and revenues ~flat, which translates to ~$157.4 bln versus analysts’ consensus estimate of $158.43 bln.

HD fell to $305.00 (-4.07%) in pre-market trading.

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