Company News: Home Depot (HD) reported better then expected EPS and revenue

Market news

19 May 2015

Company News: Home Depot (HD) reported better then expected EPS and revenue

Company reported Q1 profit of $1.16 per share versus $1.15 consensus. Revenues rose 6.1% year/year to $20.89 bln versus $20.81 bln consensus.

Company reised guidance for FY16, sees EPS of $5.24-$5.27 from $5.11-$5.17 versus $5.23 consensus; FY16 revenue raised to $86.67-$87.1 bln versus $86.8 bln consensus.

HD rose to $115.77 (+1.26%) on the premarket.

European Central Bank Executive Board Member Benoit Coeure: the central bank plans to expand its asset purchases in May and June

U.S.: Building Permits, mln, April 1143 (forecast 1065)

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.