Home Depot Earnings Beat Expectations at $0.14, While Profits Surpass Forecasts

According to Home Depot's (NYSE: HD) report, earnings per share for the third quarter were $3.78, which is $0.14 better than analysts' expectations of $3.64. The reported earnings for this quarter were $40.22 billion, while analyst expectations were $39.27 billion.

Home Depot has set a guidance for the fiscal year 2024 earnings per share at $15.25.

Home Depot shares closed at $408.29 for the day, indicating a 13.39% gain over the past three months. The stock has increased by 41.73% over the last 12 months. In the last 90 days, Home Depot reported 0 positive earnings per share and 27 negative earnings per share.

You can explore how Home Depot's stock price reacted to past earnings reports. According to InvestingPro, the financial health score of Home Depot is rated as "Fairly Good Performance."

You can review the latest earnings reports and all financial information related to Home Depot here. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.