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Enterprise Information Roundup, Feb. 21

Earnings

House Depot

beats estimates

A robust home-improvement market pushed House Depot’s revenue larger within the fourth quarter, topping expectations.

The Atlanta firm’s revenue rose 5.6 % to $1.78 billion ($1.52 per share) for the three months that ended Jan. 28. Adjusted earnings have been $1.69 per share.

Income rose 7.5 % to $23.88 billion on a rise in clients at current shops. Identical-store gross sales elevated 7.5 %.

Analysts had anticipated revenue of $1.62 per share on $23.66 billion in income.

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