Why Home Depot (hd) Stock Is Higher Today – Thestreet

Home Depot Q2 Results Beat Estimates, Lifts FY14 Earnings View

The average of 25 analysts’ estimatescompiled by Bloomberg was $1.44. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Second quarter revenue was up 5.7%t to $23.8 billion, beating analysts’ average estimate of $23.6 billion, helped by improved weather and rising home prices that are spurring consumers to spend on renovations, Bloomberg noted. Home Depot said profit this year will be $4.52 a share, including the benefit of share repurchases; the company had forecast $4.42.
For the original version including any supplementary images or video, visit http://www.thestreet.com/story/12849549/1/why-home-depot-hd-stock-is-higher-today.html?cm_ven=RSSFeed

Home Depot Rises As Growth In EPS, Revenue Speed Up – Yahoo Finance

Operating profit during the quarter improved 14.2% to $3,448 million from $3,018 million in the year-ago comparable quarter. Operating margin expanded 110 basis points (bps) to 14.5% from 13.4% in the year-ago quarter. The improvement in operating margin was driven by effective cost management. Balance Sheet and Cash Flow Home Depot, which competes with Lowes Companies Inc.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/home-depot-beats-q2-earnings-123002861.html

Home Depot Beats Q2 Earnings on Strong Spring Season Sales – Yahoo Finance

Further, the company lifted its earnings view for fiscal 2014, and backed sales growth forecast. In pre-market activity, Home Depot shares are gaining $2.72 or 3.25 percent, and trading at $86.31. For the second quarter, net earnings were $2.05 billion, 14.2 percent higher than last year’s $1.80 billion. Earnings per share climbed 22.6 percent to $1.52 from $1.24 a year ago.
For the original version including any supplementary images or video, visit http://www.rttnews.com/story.aspx?Id=2372229

Comparable-store sales growth for services was over twice the company average, with the average ticket at $1,500. Home Depot now expects full-year earnings to increase 20% to $4.52, a 10-cent boost from its prior forecast. Analysts had seen fiscal-year earnings at $4.41. But Katz noted most of the guidance lift comes from Q2’s outperformance and the company’s plans to increase its anticipated share repurchases to $7 billion from $5 billion. The company backed its full-year sales growth expectation at 4.8%, above the 4.7% consensus.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/home-depot-rises-growth-eps-231100504.html


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s