Home Depot tops revenue and sales estimates, confirms 2022 guidance

Shares in

Home Depot

fell in premarket trading on Tuesday after the home improvement retailer posted profit that beat analysts’ expectations.

Home Depot (ID:


) reported third-quarter earnings of $4.24 per share, beating analysts’ estimates of $4.12 per share. Revenue was $38.9 billion, a 5.6% increase from last year and a higher estimate of $38 billion.

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