UPDATE: Home Depot Q4 Net Income Rises 32%

Home Depot Inc HD posted a 32% surge in its fiscal fourth-quarter net income. Its same-store sales climbed 5.7%. Home Depot's quarterly earnings rose to $774 million, or $0.50 per share, from $587 million, or $0.36 per share, in the year-ago quarter. Its sales surged to $16.01 billion from $15.13 billion. However, analysts were expecting a profit of $0.42 per share on sales of $15.5 billion. Home Depot shares gained 1.01% to $47.18 in pre-market trading.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsEarnings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!