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Home Depot Fiscal Q3 Adjusted Earnings Decline, Revenue Increases; Guidance Revised
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Home Depot Fiscal Q3 Adjusted Earnings Decline, Revenue Increases; Guidance Revised
Nov 12, 2024 4:23 PM

06:33 AM EST, 11/12/2024 (MT Newswires) -- Home Depot ( HD ) reported fiscal Q3 adjusted earnings Tuesday of $3.78 per diluted share, down from $3.85 a year earlier.

Analysts polled by Capital IQ expected $3.66.

Revenue for the fiscal quarter ended Oct. 27 was $40.22 billion, up from $37.71 billion a year earlier.

Analysts surveyed by Capital IQ expected $39.21 billion.

For fiscal 2024, the hardware retailer expects its expected adjusted EPS down 1% from a year earlier, compared with its previous expectation of a 1% to 3% decline. Analysts polled by Capital IQ expect $14.98.

The company shares were up 2% in recent premarket activity.

Price: 419.00, Change: +10.71, Percent Change: +2.62

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