Home Depot Earnings, Revenue Beat in Q4
2/23/2021 3:48:32 PM
Investing.com -

Home Depot (NYSE:HD) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Home Depot announced earnings per share of $2.65 on revenue of $32.26B. Analysts polled by Investing.com anticipated EPS of $2.61 on revenue of $30.54B.

Home Depot shares are up 3% from the beginning of the year, still down 5.82% from its 52 week high of $292.90 set on August 27, 2020. They are broadly in line with the S&P 500 which is up 3.21% from the start of the year.

Home Depot follows other major Services sector earnings this month
Home Depot's report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.

Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.