Investing.com - Home Depot (NYSE:HD) reported second quarter earnings that beat analyst's expectations on Tuesday and reported revenue that topped forecasts.
The firm reported earnings per share of $3.05 on revenue of $30.46B. Analysts polled by Investing.com expected EPS of $2.84 on revenue of $30B.
That compared to EPS of $2.25 on revenue of $28.11B in the same period a year earlier.
The firm had reported EPS of $2.08 on revenue of $24.95B in the previous quarter.
Home Depot shares lost 1.09% to trade at $194.17 in intra-day trade following the report.
For the year, Home Depot shares are up 2.08%, under-performing the S&P 500 which is up 5.15% year to date.
Home Depot follows other major earnings reports from the Services sector this month
Amazon.com (NASDAQ:AMZN) reported second quarter earnings that beat analyst's expectations on Thursday, July 26, 2018. The company reported revenue that fell short of forecasts. The firm reported EPS of $5.07 on revenue of $52.89B compared to forecasts of EPS of $2.48 on revenue of $53.37B
Visa reported third quarter earnings that beat analyst's expectations on Wednesday, July 25, 2018. The company reported revenue that topped forecasts. The firm reported EPS of $1.2 on revenue of $5.24B compared to forecasts of EPS of $1.09 on revenue of $5.09B