Tuesday, August 14, 2018

Home Depot Q2 Profit Tops Estimates, Comps. Up 8.0%; Raises Outlook

The Home Depot (HD) reported second-quarter net earnings of $3.5 billion, or $3.05 per share, compared to $2.7 billion, or $2.25 per share, last year. For the second quarter, earnings per share increased 35.6% from the same period in the prior year. On average, 30 analysts polled by Thomson Reuters expected the company to report profit per share of $2.84 for the quarter. Analysts' estimates typically exclude special items.

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