Investing.com - Home Depot (NYSE:HD) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Home Depot announced earnings per share of $3.92 on revenue of $36.82B. Analysts polled by Investing.com anticipated EPS of $3.41 on revenue of $34.83B.
Home Depot shares are up 39% from the beginning of the year and are trading at $371.08 , down-from-52-week-high.They are outperforming the S&P 500 which is up 24.67% 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 Thursday, October 28, 2021, who reported EPS of $6.12 on revenue of $110.81B, compared to forecasts EPS of $8.9 on revenue of $111.55B.
Tesla had beat expectations on Wednesday, October 20, 2021 with third quarter EPS of $1.86 on revenue of $13.76B, compared to forecast for EPS of $1.62 on revenue of $14B.
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