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 $3.21 on revenue of $35.72B. Analysts polled by Investing.com anticipated EPS of $3.18 on revenue of $34.87B.
Home Depot shares are down 16% from the beginning of the year, still down 17.53% from its 52 week high of $420.61 set on December 6, 2021. They are under-performing the Dow Jones which is down 6.22% from the start of the year.
Home Depot follows other major Consumer Discretionary sector earnings this month
Home Depot's report follows an earnings beat by Amazon.com on February 3, who reported EPS of $27.75 on revenue of $137.41B, compared to forecasts EPS of $3.61 on revenue of $137.68B.
Tesla had beat expectations on January 26 with fourth quarter EPS of $2.54 on revenue of $17.72B, compared to forecast for EPS of $2.36 on revenue of $17.13B.
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