Tuesday, May 15, 2007

Home Depot profit falls on softer housing market

(Reuters) - Earnings declined by about one-third to $1 billion, or 53 cents a share, in the first quarter ended on April 29, from $1.5 billion, or 70 cents a share, a year earlier.

Analysts on average expected profit of 59 cents a share, according to Reuters Estimates.


Read more at Reuters.com Hot Stocks News

No comments: