ATLANTA (AP) _ HD Supply Holdings Inc. (HDS) on Wednesday reported fiscal second-quarter profit of $131 million.
The Atlanta-based company said it had profit of 81 cents per share. Earnings, adjusted for one-time gains and costs, were 83 cents per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.
The industrial distributor posted revenue of $1.55 billion in the period, which matched Street forecasts.
HD Supply shares have declined slightly more than 2% since the beginning of the year. The stock has decreased 2% 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
Automated Insights, source Associated Press News