ATLANTA (AP) — ATLANTA (AP) — The Home Depot Inc. (HD) on Tuesday reported fiscal third-quarter profit of $3.65 billion.
The Atlanta-based company said it had net income of $3.67 per share. Earnings, adjusted for amortization costs, were $3.78 per share.
The results beat Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $3.64 per share.
The home-improvement retailer posted revenue of $40.22 billion in the period, which also topped Street forecasts. Eleven analysts surveyed by Zacks expected $39.36 billion.
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