Home Depot: Q4 EPS up 16%
(CercleFinance.com) - Home Depot has published Q4 EPS that is up 16.
2% at 2.65 dollars, slightly above expectations, for revenues that have increased by 25.1% to 32.3 billion dollars (+25% like-for-like in the US alone).
The Atlanta-based home improvement chain store group adds that its board of directors has decided to increase its quarterly dividend by 10% to 1.65 dollar per share, with its first payment scheduled for March.
Given uncertainty surrounding the duration of the Covid-19 pandemic and its impact on households, Home Depot says that it has limited ability to forecast demand for 2021 and therefore does not want to provide targets for this fiscal year.
All said, the stock is down about 2.5% in pre-market trading on Tuesday.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
2% at 2.65 dollars, slightly above expectations, for revenues that have increased by 25.1% to 32.3 billion dollars (+25% like-for-like in the US alone).
The Atlanta-based home improvement chain store group adds that its board of directors has decided to increase its quarterly dividend by 10% to 1.65 dollar per share, with its first payment scheduled for March.
Given uncertainty surrounding the duration of the Covid-19 pandemic and its impact on households, Home Depot says that it has limited ability to forecast demand for 2021 and therefore does not want to provide targets for this fiscal year.
All said, the stock is down about 2.5% in pre-market trading on Tuesday.
Copyright (c) 2021 CercleFinance.com. All rights reserved.