Home Depot (NYSE: HD) reported earnings on Aug. 14. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended July 29 (Q2), Home Depot met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share expanded significantly.

Margins grew across the board.

Revenue details
Home Depot reported revenue of $20.57 billion. The 24 analysts polled by S&P Capital IQ anticipated net sales of $20.73 billion on the same basis. GAAP reported sales were 1.7% higher than the prior-year quarter's $20.23 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.01. The 26 earnings estimates compiled by S&P Capital IQ averaged $0.98 per share. GAAP EPS of $1.01 for Q2 were 17% higher than the prior-year quarter's $0.86 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 34.2%, 20 basis points better than the prior-year quarter. Operating margin was 12.5%, 120 basis points better than the prior-year quarter. Net margin was 7.4%, 70 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $17.90 billion. On the bottom line, the average EPS estimate is $0.70.

Next year's average estimate for revenue is $73.84 billion. The average EPS estimate is $2.98.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 3,355 members out of 4,285 rating the stock outperform, and 930 members rating it underperform. Among 1,096 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 934 give Home Depot a green thumbs-up, and 162 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Home Depot is outperform, with an average price target of $55.06.

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