Home Depot, boosted by a strengthening recovery in the housing market, says its quarterly profit exceeded Wall Street's predictions. So good were the figures that Home Depot raised its forecast for the year.
Home Depot Inc. shares rose 3.1% to $79.12 on Tuesday to be the biggest Dow gainer after the Atlanta-based retailer reported a better-than-expected first-quarter profit and raised its outlook for the year. The company cited strength in the...
Home improvement retailing giant Home Depot reported strong first quarter earnings this morning, citing the recovering housing market as a key driver.
Earnings per share were $0.83 versus analysts' consensus prediction of $0.77. Revenues came in...
Home Depot Inc., the largest U.S.
home-improvement retailer, posted first-quarter profit that
topped analysts’ estimates and raised its forecast for earnings
this year as the housing rebound boosts renovation spending.
Home Depot Inc reported higher-than-expected quarterly results and raised its sales and profit outlook for the year on Tuesday as the world's largest home improvement chain benefited from a nascent recovery in the U.S. housing market.
National home prices are down 29.1% since their Q1 2006 peak.
But over the next five years they are expected to rise 3.9%, according to the latest CoreLogic Case-Shiller report.
We drew on the latest data to identify the best housing markets...
Oops! Unable to complete your request. Please refresh your browser.