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Home Depot: Q1 Earnings Insights

Shares of Home Depot (NYSE:HD) fell 2.5% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 8.37% year over year to $2.08, which missed the estimate of $2.26.

Benzinga · 05/19/2020 11:18

Shares of Home Depot (NYSE:HD) fell 2.5% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 8.37% year over year to $2.08, which missed the estimate of $2.26.

Revenue of $28,300,000,000 up by 7.27% from the same period last year, which beat the estimate of $27,280,000,000.

Guidance

Home Depot hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: May 19, 2020

Time: 09:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/hd/mediaframe/37530/indexr.html

Recent Stock Performance

Company's 52-week high was at $248.32

Company's 52-week low was at $140.63

Price action over last quarter: Up 1.50%

Company Overview

The Home Depot Inc is the world's largest home improvement specialty retailer, operating nearly 2,300 warehouse-format stores offering more than 30,000 products in-store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations sector, while the tie-up with Company Store brought textile expertise to the lineup.