Home Depot (HD) reported Q1 FY2025 earnings of $3.56 per share (versus $3.63 per share in Q1 FY2024), missing analysts’ consensus estimate of $3.60 per share.
The company’s quarterly revenues amounted to $39.856 bln (+9.4% y/y), beating analysts’ consensus estimate of $39.299 bln. Its comparable sales for Q1 FY2025 decreased 0.3% y/y.
The company reaffirmed guidance for FY2025, seeing EPS of ~down 2% y/y to ~$14.94 versus analysts’ consensus estimate of $14.99 and revenues of ~+2.8% y/y to ~$164.0 bln versus analysts’ consensus estimate of $163.89 bln. It also reaffirmed comparable sales growth of ~1.0% for the comparable 52-week period.
HD rose to $390.12 (+2.83%) in pre-market trading.
