Home Depot Lifts Outlook After Q3 Earnings, Sales Top Forecasts

Home-improvement retailer Home Depot (HD) reported third-quarter earnings on Tuesday that topped estimates and raised its guidance.

Estimates: Earnings per share up 16% to $1.58 on revenue up 6% to $23.044 billion.

Results: EPS of $1.60 on revenue of $23.15 billion. U.S. same-store sales climbed 5.9%.

Outlook: Full-year EPS now seen at $6.33, in line with consensus.

Stock: Shares were up 1.3% in premarket trading in the stock market today. Lowe's (LOW), which reports Wednesday, weren't...

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