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Company News: Home Depot (HD) Q3 Profit Beats Expectations
Home Depot reported Q3 earnings of $1.36 per share (versus $1.15 in the corresponding period of previous year), beating analysts' consensus of $1.32.
The company's revenues amounted to $21.819 bln (+6.4% y/y), slightly beating consensus estimate of $21.772 bln.
Home Depot revised upwards its EPS FY16 guidance to $5.36 from $5.31-5.36. The analysts' consensus forecast for the company's EPS FY16 stands at $5.31.
HD rose to $120.84 (+2.99%) in pre-market trading.
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