HD Supply Holdings (HDS) Tops Q3 EPS by 1c, Revenues Beat; Raises FY18 Guidance Mid-Point

HD Supply Holdings (NASDAQ: HDS) reported Q3 EPS of $1.00, $0.01 better than the analyst estimate of $0.99. Revenue for the quarter came in at $1.61 billion versus the consensus estimate of $1.59 billion.

"I couldn’t be more proud of the team’s performance in the third quarter. We continued to see both businesses deliver impressive sales growth and have successfully enhanced our capital structure through strategic refinancing and opportunistic share repurchases." stated Joe DeAngelo, Chairman and CEO of HD Supply. “I am also delighted to announce that on November 30, 2018, the Board of Directors authorized a new $500 million share repurchase program, bringing our total authorization to $1.5 billion since 2017.”

GUIDANCE:

HD Supply Holdings sees FY2018 EPS of $3.33-$3.38, versus the consensus of $3.33. HD Supply Holdings sees FY2018 revenue of $5.976-6.026 billion, versus the consensus of $5.99 billion.

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

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