Home Depot beats by $0.03, reports revs in-line; reaffirms FY19 EPS guidance, revs guidance
- Reports Q1 (Apr) earnings of $2.08 per share, $0.03 better than the Capital IQ Consensus of $2.05; revenues rose 4.4% year/year to $24.95 bln vs the $25.17 bln Capital IQ Consensus.
- Comparable sales for the first quarter of fiscal 2018 were positive 4.2%, and comp sales in the U.S. were positive 3.9%.
- Comparable sales for the first quarter of fiscal 2018 were positive 4.2%, and comp sales in the U.S. were positive 3.9%.
- Co reaffirms guidance for FY19, sees EPS of ~$9.31 vs. $9.43 Capital IQ Consensus Estimate; sees FY19 revs of ~$107.5 bln vs. $107.73 bln Capital IQ Consensus Estimate.
- Co expects FY comp sales to be up ~5.0%