Home Depot Earnings, Revenue Beat in Q1

Investing.com – Home Depot (NYSE:) reported on Tuesday first quarter that beat analysts’ forecasts and revenue that topped expectations.

Home Depot announced earnings per share of $4.09 on revenue of $38.91B. Analysts polled anticipated EPS of $3.68 on revenue of $36.57B.

Home Depot shares are down 28% from the beginning of the year, still down 29.63% from its 52 week high of $420.61 set on December 6, 2021. They are under-performing the S&P 500 which is down 15.91% from the start of the year.

Home Depot follows other major Consumer Discretionary sector earnings this month

Home Depot’s report follows an earnings missed by Amazon.com on April 28, who reported EPS of $-7.56 on revenue of $116.44B, compared to forecasts EPS of $8.35 on revenue of $116.45B.

Tesla had beat expectations on April 20 with first quarter EPS of $3.22 on revenue of $18.76B, compared to forecast for EPS of $2.26 on revenue of $17.87B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar