Home Depot earnings q1 2019 – Businessdaylight

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The Home Depot, Inc. (HD) CEO Craig Menear on Q1 2019 Results – Earnings Call Transcript Tue, May 21 home depot, Inc. (HD) CEO Craig Menear on Q4 2018 Results – Earnings Call Transcript

Home Depot reported better-than-expected revenue and earnings for the first quarter of 2019.Shares were up 0.55% in premarket hours on Tuesday. Total sales grew 5.7% year-over-year to $26.4 billion. Comparable sales were up 2.5%, with comp sales in the US up 3%.

ATLANTA, May 15, 2018 — The Home Depot, the world’s largest home improvement retailer, today reported sales of $24.9 billion for the first quarter of fiscal 2018, a 4.4 percent increase from the first quarter of fiscal 2017.Comparable sales for the first quarter of fiscal 2018 were positive 4.2 percent, and comp sales in the U.S. were positive 3.9 percent.

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Home Depot (NYSE:HD) is scheduled to announce Q1 earnings results on Tuesday, May 21st, before market open.The consensus EPS Estimate is $2.19 (+5.3% Y/Y) and the consensus Revenue Estimate is $26.34B

Homebuilders as a whole have been performing quite well in 2019. Home Depot warned investors of a new impending lumber tariff on Chinese imports that could have up to a $1 billion effect. Lowes.

In Q1, online sales grew 23% over. Lowe’s Companies. Based on Home Depot’s 2019 full-year guidance, its shares trade at a P/E ratio of just under 20. For a company with solid earnings growth, even.

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Instead, we opt to look beyond a stock’s face value, and our system puts an emphasis on earnings estimate revisions to find. which include Ford F, Southwest LUV, Home Depot HD, the United States.

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The Home Depot has announced first-quarter 2019 sales of $26.4 billion, for a 5.7 percent sales increase above the same period in 2018, the company reports. Home Depot says comparable store sales in the U.S. for the quarter were up 3 percent. The company also achieved net earnings of $2.5 billion during the quarter.

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