Earnings

Home Depot (HD) Q4 earnings 2022

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A customer loads plywood to a truck outside a Home Depot store in Galveston, Texas, on Tuesday, Aug. 25, 2020.

Scott Dalton | Bloomberg | Getty Images

Home Depot’s revenue fell short of Wall Street’s estimates in its fiscal fourth-quarter earnings report Tuesday.

The company also provided a muted outlook for the next year amid a tough consumer backdrop.

Here’s what the company posted, compared to what Wall Street was anticipating, based on a survey of analysts by Refinitiv:

  • Earnings per share: $3.30 vs. $3.28 expected
  • Revenue: $35.83 billion vs. $35.97 billion expected

It’s the first time Home Depot missed Wall Street’s revenue expectations since November 2019, before the Covid pandemic….



Source cnbc.com

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