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Home Depot fiscal Q3 profit climbs 15.2% YOY

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Home Depot fiscal Q3 profit climbs 15.2% YOY

4004135 said its normalized net income for the fiscal third quarter ended Nov. 2 was $1.14 per share, compared with the S&P Capital IQ consensus estimate of $1.14 per share.

EPS increased 22.4% year over year from 93 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $1.52 billion, an increase of 15.2% from $1.32 billion in the prior-year period.

The normalized profit margin rose to 7.4% from 6.8% in the year-earlier period.

otal revenue grew 5.4% on an annual basis to $20.52 billion from $19.47 billion, and total operating expenses rose on an an Home Depot Inc..