Home Depot reported on Tuesday second-quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Home Depot announced earnings per share of $4.53 on revenue of $41.12B. Analysts polled by Investing.com anticipated EPS of $4.42 on revenue of $40.48B.
Home Depot shares are up 26% from the beginning of the year and are trading at $335.05, down-from-52-week-high. They are outperforming the S&P 500 which is up 19.26% year to date.
Home Depot follows other major Consumer Discretionary sector earnings this month.
Home Depot's report follows an earnings beat by Volkswagen 10 Pref ADR on Thursday, July 29, 2021, which reported EPS of $1.15 on revenue of $79.97B, compared to forecasts EPS of $0.8829 on revenue of $72.85B.
Adidas ADR had beat expectations on Thursday, August 5, 2021, with third-quarter EPS of $1.14 on revenue of $6.01B, compared to forecast for EPS of $0.9372 on revenue of $5.88B.
Submitted August 17, 2021 at 07:13AM by KingTimKap https://ift.tt/2W1pXGy
