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Home Depot: Fiscal Q4 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — The Home Depot Inc. (HD) on Tuesday reported fiscal fourth-quarter profit of $2.57 billion.

The Atlanta-based company said it had net income of $2.58 per share. Earnings, adjusted for amortization costs, were $2.72 per share.

The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.52 per share.

The home-improvement retailer posted revenue of $38.2 billion in the period, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $38.18 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HD at https://www.zacks.com/ap/HD

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