Will HD Supply Holdings, Inc. ($HDS) Beat Analysts View?

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HD Supply Holdings, Inc. (NASDAQ:HDS) an industrial distributor, is reporting second quarter earnings results on Wednesday 9th September 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 0.73 per share from $ 1547.55 million in revenue.

For the full year, analysts predict revenues of $ 5976.96 million, while looking forward to income of $ 2.61 per share.

Previous Quarter Performance

HD Supply Holdings, Inc. communicated income for the first quarter of $ 0.67 per share, from the revenue of $ 1,395.00 million. The quarterly earnings declined 20.24 percent while revenues contracted 6.56 percent compared with the same quarter last year.
Wall street analysts are predicting, HDS to report 1Q20 income of $ 0.52 per share from revenue of $ 1371.26 million. The bottom line results beat street analysts by $ 0.15 or 28.85 percent, at the same time, top line results outshined analysts by $ 23.74 million or 1.73 percent.

Stock Performance

Shares of HD Supply Holdings, Inc. traded low $ -0.01 or -0.03 percent on Tuesday, reaching $ 39.29 with volume of 1.48 million shares. HD Supply Holdings, Inc. has traded high as $ 39.60 and has cracked $ 38.50 on the downward trend

According to the previous trading day, closing price of $ 39.29, representing a 81.19 % increase from the 52 week low of $ 21.69 and a 9.38 % decrease over the 52 week high of $ 43.37.

The company has a market capital of $ 6.36 billion and is part of the Industrials sector and Industrial Distribution industry.

Conference Call

HD Supply Holdings, Inc. will be hosting a conference call at 8:00 AM eastern time on 9th September 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.hdsupply.com

HD Supply Holdings, Inc. operates as an industrial distributor in North America. It operates through two segments, Facilities Maintenance, and Construction & Industrial.