Home Depot (NYSE: HD) reported its second quarter 2023 earnings results today.
Sales decreased 2% year-over-year to $42.9 billion but surpassed expectations. Comparable sales fell 2%.
Net earnings were $4.7 billion, or $4.65 per share, compared to $5.2 billion, or $5.05 per share, in the year-ago period. EPS also beat estimates.
For FY2023, the company expects sales and comparable sales to decline 2-5% YoY. EPS is expected to decline 7-13% from last year.
Despite the results beat, the stock stayed in red during premarket hours on Tuesday.
Prior performance
Most Popular
Earnings: Citigroup (C) Q1 profit rises on higher revenues, beats estimates
Citigroup Inc. (NYSE: C) Tuesday reported stronger-than-expected revenue and earnings for the first quarter of 2025. Both revenues and net income increased year-over-year. In the March quarter, net profit was
Bank of America (BAC) Q1 2025 Earnings: Key financials and quarterly highlights
Bank of America (NYSE: BAC) reported its first quarter 2025 earnings results today. Revenue, net of interest expense, was $27.4 billion, up 6% year-over-year, driven by non-interest income growth across
What to expect when Philip Morris (PM) reports Q1 2025 earnings results
Shares of Philip Morris International Inc. (NYSE: PM) were up over 2% on Monday. The stock has gained 33% over the past three months. The tobacco company is scheduled to
