India, Aug. 18 -- Home Depot stock is rising after a strong quarterly earnings report. Home Depot shares climbed about 2.1% in premarket trading after the company reported better-than-expected fiscal second-quarter results. The strong numbers gave investors confidence even as the wider stock market remained under pressure.

Sales beat Wall Street expectations. Home Depot reported $47.86 billion in revenue, compared with the roughly $47.27 billion analysts were expecting, according to LSEG data. Revenue also increased 5.7% from a year earlier. Home Depot also beat earnings estimates. The company reported adjusted earnings of $4.92 per share, above Wall Street's estimate of $4.73 per share.

Comparable sales were stronger than expected. Hom...