ADVERTISEMENT
Related topics

HD Supply: Fiscal 3Q Earnings Snapshot

December 4, 2020 GMT

ATLANTA (AP) _ HD Supply Holdings Inc. (HDS) on Friday reported fiscal third-quarter profit of $1.61 billion.

On a per-share basis, the Atlanta-based company said it had profit of $10.06. Earnings, adjusted for one-time gains and costs, came to 47 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.

The industrial distributor posted revenue of $827.5 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $826.7 million.

ADVERTISEMENT

HD Supply shares have risen 39% since the beginning of the year. The stock has climbed 41% in the last 12 months.

_____

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