HALISTER: Home Depot Rises as Co. Boosts Yr Views After 1Q Beats Ests.

Home Depot Rises as Co. Boosts Yr Views After 1Q Beats Ests.

(Bloomberg) -- Home Depot forecasts FY17 EPS $6.27, saw $6.12-$6.18, in Feb. est. $6.22. HD up 2.7% pre-mkt.
  • Sees yr net sales up 6.3%, saw up 5.1%-6%, est. up 6%
  • Raises yr comp. sales est. to +4.9%, saw +3.7%-4.5%
  • 1Q adj EPS $1.44, est. $1.35 (range $1.30-$1.40)
  • 1Q rev. $22.8b, est. $22.4b (range $21.93b-$22.85b)
  • 1Q total comp. sales 6.5%, est. 4.4% (Consensus Metrix, avg of 23)
    • 1Q U.S. comp. sales +7.4%, est. +4.9%
  • 1Q avg ticket up 2.4% to $60.03
  • Call 9am, (913) 312-6646 pw 1984365
  • NOTE: LOW reports 1Q pre-mkt May 18
Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
HD US (Home Depot Inc/The)

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