Home Depot Earnings, Revenue Beat in Q3

© Reuters. Home Depot Earnings, Revenue Beat in Q3

Investing.com – Home Depot (NYSE:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that topped expectations.

Home Depot announced earnings per share of $3.18 on revenue of $33.54B. Analysts polled by Investing.com anticipated EPS of $3.04 on revenue of $31.73B.

Home Depot shares are up 28% from the beginning of the year, still down 4.55% from its 52 week high of $292.90 set on August 27. They are outperforming the Dow Jones which is up 4.95% 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 October 29, who reported EPS of $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.41 on revenue of $92.78B.

Alibaba ADR had beat expectations on November 5 with second quarter EPS of $18 on revenue of $155.06B, compared to forecast for EPS of $13.82 on revenue of $154.87B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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