Investing.com - Home Depot (NYSE:HD) reported second quarter earnings that beat analyst's expectations on Tuesday and reported revenue that topped forecasts.
The firm reported earnings per share of $3.05 on revenue of $30.46B. Analysts polled by Investing.com anticipated EPS of $2.84 on revenue of $30B. That compared to EPS of $2.25 on revenue of $28.11B in the same period a year earlier.
The company had reported EPS of $2.08 on revenue of $24.95B in the previous quarter.
Home Depot shares gained 1.20% to trade at $196.50 in intra-day trade following the report.
For the year, Home Depot shares are up 2.08%, under-performing the S&P 500 which is up 5.15% year to date.
Home Depot follows other major Services sector earnings this month
Amazon.com (NASDAQ:AMZN) reported second quarter earnings that beat analyst's expectations on July 26. The company reported revenue that fell short of forecasts. The firm reported EPS of $5.07 on revenue of $52.89B compared to forecasts of EPS of $2.48 on revenue of $53.37B
Visa reported third quarter earnings that beat analyst's expectations on July 25. The company reported revenue that topped forecasts. The firm reported EPS of $1.2 on revenue of $5.24B compared to forecasts of EPS of $1.09 on revenue of $5.09B.