Home Depot Up 3% (HD)

The Home Depot, Inc. HD is up more than 3% after the home repair company reported better than expected earnings this morning before the bell. Home Depot's net income came in at 51 cents per share, 3 cents better than Wall Street expected. Revenues from 1.4% from last year to $16.60 billion, just above the $16.59 billion Wall Street was anticipating. Home Depot now anticipates earnings of $1.94 per share for the entire year, 4 cents higher than it previously anticipated. Home Depot said it expects sales growth of about 2.2%, down slightly from the 2.6% it estimates previously. At last check, shares of HD were up 90 cents to $32.29, a gain of nearly 3%.