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BRIEF-Home Depot Q4 Earnings Per Share $2.09

Published 2019-02-26, 06:23 a/m
© Reuters.  BRIEF-Home Depot Q4 Earnings Per Share $2.09
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Feb 26 (Reuters) - Home Depot Inc (NYSE:HD) HD.N :

* THE HOME DEPOT ANNOUNCES FOURTH QUARTER AND FISCAL 2018 RESULTS; INCREASES QUARTERLY DIVIDEND BY 32.0 PERCENT; ANNOUNCES $15.0 BILLION SHARE REPURCHASE AUTHORIZATION; PROVIDES FISCAL 2019 GUIDANCE

* Q4 EARNINGS PER SHARE $2.09

* Q4 SALES $26.5 BILLION VERSUS REFINITIV IBES ESTIMATE OF $26.57 BILLION

* Q4 EARNINGS PER SHARE ESTIMATE $2.16 -- REFINITIV IBES DATA

* HOME DEPOT - SEES 2019 COMPARABLE SALES GROWTH OF APPROXIMATELY 5.0 PERCENT FOR COMPARABLE 52-WEEK PERIOD

* QTRLY COMPARABLE SALES WERE POSITIVE 3.2 PERCENT

* QTRLY COMP SALES IN U.S. WERE POSITIVE 3.7 PERCENT

* SEES 2019 DILUTED EARNINGS-PER-SHARE GROWTH OF APPROXIMATELY 3.1 PERCENT TO $10.03

* HOME DEPOT - SEES 2019 CAPITAL SPENDING OF APPROXIMATELY $2.7 BILLION

* SEES FISCAL 2019 SALES GROWTH OF APPROXIMATELY 3.3 PERCENT

* REAFFIRMS ITS FISCAL 2020 FINANCIAL TARGETS

* HOME DEPOT - QTRLY NET EARNINGS NEGATIVELY IMPACTED BY NONRECURRING, PRE-TAX CHARGE OF ABOUT $247 MILLION, OR $184 MILLION AFTER TAX EQUALING $0.16PER SHARE

* HOME DEPOT - SEES 2019 SHARE REPURCHASES OF ABOUT $5.0 BILLION

* HOME DEPOT - PRE-TAX CHARGE NEGATIVELY IMPACTING NET EARNINGS FOR QUARTER DUE TO IMPAIRMENT LOSS RELATED TO CERTAIN TRADE NAMES AT INTERLINE BRANDS

* INCREASES QUARTERLY DIVIDEND BY 32 PERCENT TO $1.36PER SHARE

* FY EARNINGS PER SHARE VIEW $10.26, REVENUE VIEW $112.02 BILLION -- REFINITIV IBES DATA

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