Home Depot beats Street 2Q forecasts


House Depot is reporting second-quarter earnings of $2.sixty seven billion, or $2.25 per share.

That beat Wall Road expectations by four cents per share, in response to a ballot by Zacks Funding Analysis.

The Atlanta house-enchancment retailer posted income of $28.eleven billion, additionally exceeding analyst projections of $27.eighty four billion.

Shares of The House Depot Inc. have elevated 15 % because the starting of the yr, whereas the Commonplace & Poor’s 500 index has elevated 10 %. The inventory has elevated thirteen % within the final 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks inventory report on HD at https://www.zacks.com/ap/HD



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