Wal-Mart (WMT) Reports Inline Q2 EPS of 97c; Guides Q3, Raises FY11 Outlook
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Wal-Mart Stores, Inc. (NYSE: WMT) reports Q2 EPS of $0.97, inline with the analyst estimate of $0.97. Revenue for the quarter was $103.73 billion, which compares to the estimate of $105.40 billion.
Sees Q3 EPS of 87-91c, vs. cons. of 91c. Sees same-store sales down 2% to up 1%.
Raises its FY11 EPS guidance from $3.90-$4.00 to $3.95-$4.05, vs. cons. of $4.00.
UPDATE: Click here to see some highlights from Wal-Mart's Q2 conference call.
Sees Q3 EPS of 87-91c, vs. cons. of 91c. Sees same-store sales down 2% to up 1%.
Raises its FY11 EPS guidance from $3.90-$4.00 to $3.95-$4.05, vs. cons. of $4.00.
UPDATE: Click here to see some highlights from Wal-Mart's Q2 conference call.
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