August 22, 2019 3 minutes

Home Depot (NYSE: HD) 2Q19 Results: Revenues Marginally Below Consensus Estimates While Comps Miss

Primary Analyst: Coresight Research

Company Earnings Update

Executive Summary

Home Depot reported 2Q19 EPS of $3.17, up 3.7% and beating the consensus estimate of $3.09. Revenues were $30.8 billion, up 1.2% and marginally below the $31.0 billion consensus estimate.
Comp sales were up 3.0%, below consensus of 3.3%. US comps were up 3.1%.
The consensus estimates for 3Q19 call for Home Depot to report revenues of $27.55 billion, up 4.8%, and EPS of $2.53.

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