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26.02.2019 20:43

Company News: Home Depot Inc (HD) quarterly earnings miss analysts’ expectations

Home Depot Inc (HD) reported Q4 FY 2019 earnings of $2.09 per share (versus $1.69 in Q4 FY 2018), missing analysts’ consensus estimate of $2.16.

The company’s quarterly revenues amounted to $26.491 bln (+10.9% y/y), generally in line with analysts’ consensus estimate of $26.572 bln.

The company also issued guidance for FY 2020, projecting EPS of $10.03 (versus analysts’ consensus estimate of $10.25) and revenues of $111.77 bln (versus analysts’ consensus estimate of $111.76 bln).

HD fell to $187.00 (-1.57%) in pre-market trading.


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