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BRIEF-Home Depot Reports Q1 EPS Of $2.08

Published 2020-05-19, 06:11 a/m
© Reuters.
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May 19 (Reuters) - Home Depot Inc (NYSE:HD) HD.N :

* THE HOME DEPOT ANNOUNCES FIRST QUARTER RESULTS; SUPPORTS ASSOCIATES WITH APPROXIMATELY $850 MILLION OF EXPANDED BENEFITS; SUSPENDS 2020 BUSINESS OUTLOOK; DECLARES QUARTERLY DIVIDEND OF $1.50 PER SHARE

* Q1 EARNINGS PER SHARE $2.08

* Q1 SALES $28.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $27.54 BILLION

* Q1 EARNINGS PER SHARE ESTIMATE $2.27 -- REFINITIV IBES DATA

* COMPARABLE SALES FOR Q1 OF FISCAL 2020 WERE POSITIVE 6.4 PERCENT, AND COMPARABLE SALES IN U.S. WERE POSITIVE 7.5 PERCENT

* HOME DEPOT - INCURRED TOTAL OF ABOUT $850 MILLION OF PRE-TAX EXPENSE IN QUARTER DUE TO ACTIONS TAKEN TO HELP ASSOCIATES DURING COVID-19

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