Home Depot Earnings Top Estimates. Customers Are ‘Resilient,’ CFO Says.

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Home Depot


third-quarter earnings results beat expectations, giving the stock a boost on Tuesday.

The home-improvement retailer reported third-quarter earnings of $4.24 a share, topping analysts’ projections of $4.12 a share. Revenue came in at $38.9 billion, up 5.6% from a year earlier and topping estimates for $38 billion. Same-store sales rose 4.3%, ahead of estimates for 3.1%. U.S. same-store sales rose 4.5%.

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