Home Depot earnings: $1.97 per share, matching expectations

August 16, 2016 10:23 AM

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Home Depot earnings: $1.97 per share, matching expectations

Home Depot Tuesday reported earnings and revenue that fell roughly in line with Wall Street's estimates, as the world's largest home improvement retailer continued to reap the benefits of a strong housing market.

The retailer likewise reiterated its sales guidance for the year, and raised its earnings forecast. Home Depot shares were relatively unchanged in pre-market trading.

Also read: GM, Ford sales up; FCA down 14.3% in November

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