-==Home Depot (HD) reported earnings on Tue 19 Nov 2019 (b/o)

Home Depot reports EPS in-line, misses on revs; reaffirms FY20 EPS guidance, lowers FY20 comp guidance 

Reports Q3 (Oct) earnings of $2.53 per share, in-line with the S&P Capital IQ Consensus of $2.53; revenues rose 3.5% year/year to $27.22 bln vs the $27.51 bln S&P Capital IQ Consensus.

Co issues guidance for FY20, sees EPS of $10.03 vs. $10.13 S&P Capital IQ Consensus; sees FY20 revs of +1.8% yr/yr to ~$110.2 bln vs. $110.76 bln S&P Capital IQ Consensus. Co also sees comp sales for the comparable 52-week period to increase ~3.5%. This compares to the Company's prior fiscal 2019 sales growth guidance of 2.3% and comp sales growth of 4.0%.