HD Supply Holdings (HDS) Reports In-Line Q2 EPS

HD Supply Holdings (NASDAQ: HDS) reported Q2 EPS of $0.85, in-line with the analyst estimate of $0.85. Revenue for the quarter came in at $2 billion versus the consensus estimate of $2.03 billion.

As of July 31, 2016, HD Supply’s combined liquidity of approximately $1,513 million was comprised of $313 million in cash and cash equivalents and $1,200 million of additional available borrowings under HD Supply, Inc.’s senior asset-backed lending facility, based on qualifying inventory and receivables.

GUIDANCE:

HD Supply Holdings sees Q3 2016 EPS of $0.77 - $0.82, versus the consensus of $0.91. HD Supply Holdings sees Q3 2016 revenue of $1.985 - $2.035 billion, versus the consensus of $2.06 billion.

For earnings history and earnings-related data on HD Supply Holdings (HDS) click here.

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