Home Depot: Nothing to See Here
August 16, 2016 at 12:58 PM EDT
Home Depot ( HD ) met earnings forecasts , and came within a rounding error of meeting revenue estimates too. It also raised its full-year guidance, but only so it was just a smidge below the Street consensus. And wouldn't you know it? Home Depot's stock has responded by doing almost nothing. That's likely to surprise Credit Suisse analyst Seth Sigman and team, who thought Home Depot's shares would rise on the news: