Home Depot earnings top estimates fueled by 9.8% jump in sales as consumers fix up homes

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Home Depot is about to report earnings. Here's what to expect

Andrew Harrer | Bloomberg via Getty Imageson Tuesday reported quarterly earnings and revenue that beat analysts' revenue as customers spent more on home improvement projects.

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:The home improvement retailer reported fiscal third-quarter net income of $4.13 billion, or $3.92 per share, up from $3.43 billion, or $3.18 per share, a year earlier. Analysts surveyed by Refinitiv were expecting earnings per share of $3.40.rose 9.8% to $36.82 billion, topping expectations of $35.01 billion. Same-store sales climbed 6.1% in the quarter.

 

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