Customers wearing protective masks wait to check out at a Home Depot store in Pleasanton, California, U.S., on Monday, Feb. 22, 2021.
David Paul Morris | Bloomberg | Getty Images
Home Depot on Tuesday crushed Wall Street’s earnings estimates as consumers’ splurging on their homes lingers more than a year into the coronavirus pandemic.
Shares of Home Depot rose more than 2% in premarket trading. The stock has risen more than 20% this year, giving it a market value of $344 billion as of Monday’s close.
Here’s what the company reported for the three months ended May 2 compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
- Earnings per share: $3.86 vs. $3.08…