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Home Depot Earnings Beat Expectations Amid Market Volatility

Guavy AI Editorial Team
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HD
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Ancora Advisors LLC decreased its holdings in Home Depot (NYSE:HD) by 7.1% in Q2, selling 7,760 shares and reducing its stake to 102,289 shares.

The value of Ancora's Home Depot holdings is $36.075 million. This move comes as Bank of Nova Scotia bought a new stake worth $118.723 million in the same quarter.

Home Depot reported earnings of $4.92 per share for Q2, beating estimates by $0.19. Revenue was up 5.7% year-over-year, and analysts predict $15 EPS this year.

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