Home Depot (NYSE: HD) 1Q19 Results: Beats Consensus on Revenues and EPS, Guidance in Line

Key Points

• Home Depot reported 1Q19 adjusted EPS of $2.28, up 9.4% and beating the consensus estimate of $2.20. Revenues were $26.38 billion, up 5.7% and marginally ahead of the $26.35 billion consensus estimate.
• Comp sales were up 2.5%, and US comps up 3.0%.
• The consensus estimates for 2Q19 call for Home Depot to report revenues of $30.97 billion, up 17.4%, and EPS of $3.09.