ATLANTA (AP) — ATLANTA (AP) — The Home Depot Inc. (HD) on Tuesday reported fiscal second-quarter profit of $4.77 billion.
The Atlanta-based company said it had profit of $4.79 per share. Earnings, adjusted for amortization costs, came to $4.92 per share.
The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $4.71 per share.
The home-improvement retailer posted revenue of $47.86 billion in the period, also beating Street forecasts. Ten analysts surveyed by Zacks expected $47.23 billion.
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