The Home Depot IncHome Depot beat EPS estimates with strong revenue.
Corporate earnings this week featured a high-stakes lineup of reports from 12 notable companies across the consumer discretionary, consumer staples, information technology, industrials, and financials sectors. All 12 reporting companies beat consensus earnings estimates, with 11 delivering year-over-year profit expansion. Revenue performance remained strong, as 11 companies topped Wall Street expectations and all 12 achieved year-over-year top-line growth, leaving one firm missing consensus estimates. Among the highlights, Home Depot posted revenue of $47.9 billion and adjusted EPS of $4.92, Lowe's beat on EPS but trimmed its full-year revenue outlook to about $92.0 billion, Walmart shares dropped 9.15% after soft guidance, Target raised its full-year adjusted EPS estimate to $9.90 to $10.90, Analog Devices issued upbeat fiscal Q4 guidance, and TJX raised its full-year EPS guidance to $5.31 to $5.36.
The Home Depot IncHome Depot beat EPS estimates with strong revenue.
The TJX Companies IncTJX raised full-year EPS guidance.
Lowe's Companies IncLowe's beat on EPS but trimmed full-year revenue outlook.
Best Buy Co. Inc
Ross Stores Inc
Ulta Beauty Inc
Williams-Sonoma Inc
Walmart Inc.Walmart shares dropped 9.15% after soft guidance, indicating weaker expected demand.
Target CorporationTarget raised full-year adjusted EPS guidance.
Dollar General Corporation
Dollar Tree Inc
Hormel Foods Corporation
The J. M. Smucker Company
Autodesk Inc
Intuit Inc
Veeva Systems Inc Class A
Workday Inc
Salesforce.com Inc
Marvell Technology Group Ltd
NVIDIA Corporation
Analog Devices IncAnalog Devices issued upbeat fiscal Q4 guidance, indicating strong demand.
Synopsys Inc
Agilent Technologies Inc
Crowdstrike Holdings Inc
Deere & Company
HP Inc