Company News: Home Depot (HD) Q4 Results Beat Analysts’ Expectations

Market news

23 February 2016

Company News: Home Depot (HD) Q4 Results Beat Analysts’ Expectations

Home Depot reported Q4 FY 2015 earnings of $1.17 per share (versus $1.05 in Q4 FY 2014), beating analysts' consensus of $1.10.

The company's quarterly revenues amounted to $20.980 bln (+9.5% y/y), beating consensus estimate of $20.397 bln.

The company also issued guidance for FY 2016, projecting EPS of $6.12-6.18 versus consensus of $6.15 and revenues of $93.03-93.83 bln (+5.1-6% y/y) versus consensus of $92.92 bln.

Home Depot increased its quarterly dividend by 17% to $0.69/share from $0.59/share.

HD rose to $125.54 (+2.19%) in pre-market trading.

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