Home Depot (NYSE: HD) reported earnings on May 15. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended April 29 (Q1), Home Depot met expectations on revenues and met expectations on earnings per share.

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

Margins grew across the board.

Revenue details
 Home Depot logged revenue of $17.81 billion. The 22 analysts polled by S&P Capital IQ hoped for revenue of $17.89 billion on the same basis. GAAP reported sales were 5.9% higher than the prior-year quarter's $16.82 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 $0.65. The 25 earnings estimates compiled by S&P Capital IQ predicted $0.65 per share. GAAP EPS of $0.68 for Q1 were 36% higher than the prior-year quarter's $0.50 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 34.7%, 10 basis points better than the prior-year quarter. Operating margin was 9.6%, 110 basis points better than the prior-year quarter. Net margin was 5.8%, 100 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $20.82 billion. On the bottom line, the average EPS estimate is $0.98.

Next year's average estimate for revenue is $74.05 billion. The average EPS estimate is $2.94.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 3,351 members out of 4,287 rating the stock outperform, and 936 members rating it underperform. Among 1,113 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 955 give Home Depot a green thumbs-up, and 158 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 $52.67.

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