Jefferies Boosts Numbers on Home Depot (HD) Following Strong
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November 17, 2015 6:07 AM EST
By Nandita Bose and Sruthi Ramakrishnan
(Reuters) - Home Depot Inc (NYSE: HD) on Tuesday reported a better-than-expected rise in quarterly sales at stores open at least a year and said full-year profit and same-store sales would be at the top end of its forecast.
Shares of the world's biggest home improvement retailer rose 3.4 percent to $125.07.
"Consensus U.S GDP growth projections have moderated (in 2015) but we continue to see positive signs in the housing data with home price appreciation and housing turnover being key drivers of growth for our... More
November 17, 2015 6:02 AM EST
Home Depot (NYSE: HD) reported Q3 EPS of $1.36, $0.04 better than the analyst estimate of $1.32. Revenue for the quarter came in at $21.8 billion versus the consensus estimate of $21.77 billion.
Updated Fiscal 2015 Guidance
Based on its year-to-date results and the outlook for the fourth... More
