Home Depot's fourth-quarter revenue fell to $38.2 billion, a 4% decrease from the previous year and shy of analysts' expectations of $38.3 billion. However, the company reported adjusted earnings of $2.72 per share, surpassing estimates of $2.55, and fiscal year revenue reached $164.68 billion, exceeding the forecasted $164.59 billion. Despite the mixed results, investors responded positively, pushing shares up nearly 3% in pre-market trading.
“Home Depot · reported · Q4 revenue · $38.2B”
“Home Depot · posted revenue · $38.2 billion · slightly less than nearly $38.3 billion”
“Home Depot · adjusted earnings · $2.72 · compared to estimates of $2.55”
“Home Depot · posted · revenue · $164.68 billion”
“Home Depot · posted · adjusted earnings · $14.69”
“Home Depot · posted mixed fourth quarter results · a slight decline in revenue · to $38.2 billion, slightly less than nearly $38.3 billion the street forecasted”
“Home Depot · revenue fell · fourth quarter · 4%”
“Home Depot · revenue came in · fiscal year · $164.68 billion”
“Home Depot · adjusted earnings · fiscal year · $14.69”
“Home Depot (HD) · posted mixed fourth quarter results · as consumer uncertainty around the housing market lingers”
“Home Depot revenue · came in · $164.68 billion · more than the $164.59 billion expected”
“Home Depot · revenue fell · fourth quarter revenue · 4%”
