Home Depot Beats Q3 Earnings Estimates, Retains Outlook

Driven by strong performance across all geographies due to a rise in transactions and strength in its core store activities, The Home Depot Inc. (HD – Analyst Report) reported an improvement in its financial results for the third quarter of fiscal 2014. The company’s adjusted earnings of $1.15 per share jumped nearly 21.1% from the year-ago quarter’s earnings of 95 cents and surpassed the Zacks Consensus Estimate of $1.13.