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Home Depot Tops Q3 Earnings With Strong Outlook

Home Depot Inc. (NYSE: HD) reported its fiscal third-quarter financial results before the markets opened on Tuesday. The company posted $1.35 in earnings per share (EPS) on revenue of $21.8 billion. That compared to Thomson Reuters consensus estimates of $1.32 in EPS on $21.76 billion in revenue. In the same period of the previous year, the retailer posted EPS of $1.11 and $20.52 billion in revenue.

Comparable store sales for the third quarter of fiscal 2015 were positive 5.1%, and comp sales for U.S. stores were positive 7.3%.

At the end of the third quarter, Home Depot...