Home Depot (HD) Tops Q2 EPS by 11c; Offers FY22 Guidance

August 16, 2022 6:03 AM EDT

Home Depot (NYSE: HD) reported Q2 EPS of $5.05, $0.11 better than the analyst estimate of $4.94. Revenue for the quarter came in at $43.8 billion versus the consensus estimate of $43.36 billion.

The Company reaffirmed fiscal 2022 guidance of:

  • Total sales growth and comparable sales growth of approximately 3.0 percent
  • Operating margin of approximately 15.4 percent
  • Net interest expense of approximately $1.6 billion
  • Tax rate of approximately 24.6 percent
  • Diluted earnings-per-share-percent-growth to be mid-single digits

For earnings history and earnings-related data on Home Depot (HD) click here.

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