Home Depot (NYSE:HD) reported its Q1 earnings results on Tuesday, May 17, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Home Depot beat estimated earnings by 11.44%, reporting an EPS of $4.09 versus an estimate of $3.67.
Revenue was up $1.41 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 2.44% drop in the share price the next day.
Here's a look at Home Depot's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.17 | 3.40 | 4.43 | 3.07 |
| EPS Actual | 3.21 | 3.92 | 4.53 | 3.86 |
| Revenue Estimate | 34.87B | 34.49B | 40.73B | 34.89B |
| Revenue Actual | 35.72B | 36.82B | 41.12B | 37.50B |
To track all earnings releases for Home Depot visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
