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Home Depot: Fiscal Q1 Earnings Snapshot

May 17, 2022 GMT

ATLANTA (AP) _ The Home Depot Inc. (HD) on Tuesday reported fiscal first-quarter earnings of $4.23 billion.

On a per-share basis, the Atlanta-based company said it had net income of $4.09.

The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $3.67 per share.

The home-improvement retailer posted revenue of $38.91 billion in the period, also surpassing Street forecasts. Ten analysts surveyed by Zacks expected $36.49 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HD at https://www.zacks.com/ap/HD