The Home Depot, Inc. (NYSE: HD) reported third quarter 2020 earnings results today.
Net sales increased 23.2% year-over-year to $33.5 billion. Comparable sales were a positive 24.1%.
Net income was $3.4 billion, or $3.18 per share, compared to $2.8 billion, or $2.53 per share, in the same period last year.
On Monday, Home Depot announced the acquisition of HD Supply Holdings Inc. for $8 billion. The transaction is expected to close during Home Depot’s fiscal fourth quarter and is expected to be accretive to FY2021 EPS. Home Depot anticipates this deal will help boost its sales across a $55 billion marketplace for maintenance, repair and operations.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings and revenues for the first quarter of 2021. Shares of the payment service provider gained during Wednesday’s extended trading session soon after
Twilio (NYSE: TWLO) reported first quarter 2021 earnings results today. Revenue increased 62% year-over-year to $590 million. GAAP net loss widened to $206 million, or $1.24 per share, compared to
Uber Technologies (NYSE: UBER) reported first-quarter 2021 financial results after the regular market hours on Wednesday. The ride-hailing company reported Q1 revenue excluding the UK accrual of $3.5 billion, up