Home Depot (NYSE:HD) is another winner when it comes to earnings this morning. The company posted an EPS of $1.01, beating analyst expectations of 97 cents a share. Revenue was also up 1.7% to $20.6 billion, just missing estimates of $20.7 billion. The largest U.S. home-improvement retailer said the positive earnings was due to increased sales as more Americans are deciding to start remodeling projects. The company also raised its full-year profit forecast to $2.95 a share, up from the previous forecast of $2.90 and above the $2.92 average estimate.Home Depot is also benefiting from the rise in housing starts over the last quarter. The number of single-family housing starts has accelerated over the past four months.
