Home Depot Posts Biggest EPS Beat In 16 Quarters As Big Remodeling Projects Sidelined

Home Depot Posts Biggest EPS Beat In 16 Quarters As Big Remodeling Projects Sidelined Shares of Home Depot are up 3.5% in early U.S. trading after the home-improvement retailer reported what Goldman consumer expert Scott Feiler called the "biggest EPS beat in 16 quarters." Feiler explained: We had positioning marked as just a 3 out of 10 in our pre-EPS positioning scorecard. That compared to LOW at a 5. Historically, we rarely have HD below a 5. A small sales miss was expected a...

By Tyler Durden