Home Depot (HD) Reports In-Line Q2 EPS; Boosts FY16 EPS Outlook

Home Depot (NYSE: HD) reported Q2 EPS of $1.97, in-line with the analyst estimate of $1.97. Revenue for the quarter came in at $26.5 billion versus the consensus estimate of $26.48 billion.

Comps rose 4.7 percent, which was flat with views.

Home Depot reaffirmed FY2016 sales and comps guidance. The Company raised its diluted earnings-per-share guidance for the year and now expects diluted earnings per share to grow approximately 15.6 percent from fiscal 2015 to $6.31. Consensus estimates are at $6.31.

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

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