Home Depot reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $3.17 on revenue of $30.84B. Analysts polled by forecast EPS of $3.09 on revenue of $31.06B. That compared to EPS of $3.05 on revenue of $30.46B in the same period a year earlier. The company had reported EPS of $2.27 on revenue of $26.38B in the previous quarter.
Home Depot follows other major Services sector earnings this month
On July 25, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.
Alibaba ADR earnings beat analysts' expectations on Thursday, with first quarter EPS of $12.55 on revenue of $114.92B. analysts expected EPS of $10.3 on revenue of $111.83B
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