Home Depot (HD) reported earnings Tue 17 Nov 2015 (before open)

** charts before earnings **

** charts after earnings **

Home Depot beats by $0.04, reports revs in-line; guides FY16 EPS and comps toward high of prior range; Q3 comps +5.1%  :

• Reports Q3 (Oct) adj earnings of $1.36 per share, $0.04 better than the Capital IQ Consensus of $1.32; revenues rose 6.4% year/year to $21.82 bln vs the $21.77 bln Capital IQ Consensus.  Q3 comps were +5.1%, and comp sales for U.S. stores were +7.3%.
• Co issues upside guidance for FY16, sees EPS of $5.36 (prior guidance $5.31-5.36) vs. $5.31 Capital IQ Consensus Estimate; sees FY16 revs of ~5.7% to ~$87.92 bln (Prior guidance $87.5-88.1 bln) vs. $87.73 bln Capital IQ Consensus Estimate. Co sees FY16 comps of +4.9% (prior guidance +4.1-4.9%).