Home Depot, Inc. (NYSE: HD) reported Q1 EPS of $0.50, $0.01 better than the analyst estimate of $0.49. Revenue for the quarter came in at $16.82 billion versus the consensus estimate of $17.02 billion.

Increases FY11 EPS to about $2.24, versus the consensus of $2.31. Reaffirms FY11 revs growth outlook.

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