Investing.com - Home Depot (NYSE:HD) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $2.27 on revenue of $26.38B. Analysts polled by Investing.com expected EPS of $2.18 on revenue of $26.37B. That compared to EPS of $2.08 on revenue of $24.95B in the same period a year earlier. The company had reported EPS of $2.25 on revenue of $26.49B in the previous quarter.
For the year, Home Depot shares are up 11.13%, broadly in line with the Dow 30 which is up 11.37% year to date.
Home Depot follows other major Services sector earnings this month
On Thursday, April 25, 2019, Amazon.com reported first quarter EPS of $7.09 on revenue of $59.7B, compared to forecasts of EPS of $4.7 on revenue of $59.7B.
Alibaba ADR earnings beat analyst's expectations on Wednesday, May 15, 2019, with fourth quarter EPS of $8.57 on revenue of $93.5B. Investing.com analysts expected EPS of $6.56 on revenue of $91.54B
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