Home Depot, Inc. (HD) Tops Q1 EPS by 6c; Boosts FY13 Outlook

Home Depot, Inc. (NYSE: HD) reported Q1 EPS of $0.83, $0.06 better than the analyst estimate of $0.77. Revenue for the quarter came in at $19.1 billion versus the consensus estimate of $18.69 billion.

Boosts FY2013 EPS outlook to at least $3.52, versus the consensus of $3.54. Sees sales to be up approximately 2.8 percent with comparable store sales up approximately 4.0 percent for the year.

The Company's earnings-per-share guidance includes the benefit of its year-to-date share repurchases and intent to repurchase $4.4 billion in additional shares over the remainder of the year, which will bring the total dollar amount of shares repurchased to $6.5 billion for the year.

For earnings history and earnings-related data on Home Depot, Inc. (HD) click here.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• EU proposes to curb Airbnb and short-term rentals amid housing shortage
• ICICI Bank (ICICIBC:IN) (IBN) PT Raised to INR2,000 at Goldman Sachs
• Morgan Stanley Downgrades Sims Metal Management Ltd. (SGM:AU) (SMUPF) to Underweight