A customer wearing a protective mask loads lumber at a Home Depot store in Pleasanton, California, Feb. 22, 2021.
David Paul Morris | Bloomberg | Getty Images
Home Depot on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations as sales increased from a year ago.
“Our performance reflects continued strength in demand for home improvement projects,” Home Depot CEO and President Ted Decker said in a statement.
Here’s what the home improvement retailer reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
- Earnings per share: $5.05, adjusted, vs. $4.94 expected
- Revenue: $43.79 billion vs. $43.36 billion expected
Same store sales rose 5.8% compared to an estimated 4.9%, according to FactSet.