Investing.com - Home Depot (NYSE:HD) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Home Depot announced earnings per share of $4.02 on revenue of $38.05B. Analysts polled by Investing.com anticipated EPS of $3.6 on revenue of $34.08B.
Home Depot shares are up 31% from the beginning of the year and are trading at $288.24 , down-from-52-week-high.They are outperforming the Dow Jones which is down 2.43% from the start of the year.
Home Depot follows other major Services sector earnings this month
Home Depot's report follows an earnings beat by Amazon.com on Thursday, July 30, 2020, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Visa A had beat expectations on Tuesday, July 28, 2020 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
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