Wal-Mart (WMT) Reports Inline Q3 Adj-EPS of 90c; Comps Ex-Fuel Down 0.7%; Raises FY11 Outlook
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Price: $103.86 +0.02%
Financial Fact:
Consolidated net income: 3.2B
Today's EPS Names:
COE, BEKE, BJ, More
Financial Fact:
Consolidated net income: 3.2B
Today's EPS Names:
COE, BEKE, BJ, More
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Wal-Mart Stores, Inc. (NYSE: WMT) reports Q3 EPS of $0.90, ex-benefit, inline with the analyst estimate of $0.90. Revenue for the quarter came in at $101.2 billion, versus the consensus estimate of $102.43 billion.
Same store sales ex-fuel down 0.7%.
Has $8.5 billion remaining under current authorization.
Sees Q4 comps down 1% to up 2% for US. Sees Q4 EPS $1.29-$1.33, vs. the Street estimate of $1.28.
Raises its FY11 EPS guidance form $3.95-$4.05 to $4.08-$4.12, vs. the consensus of $4.02.
UPDATE: Click here to see some highlights from Wal-Mart's Q3 conference call.
Same store sales ex-fuel down 0.7%.
Has $8.5 billion remaining under current authorization.
Sees Q4 comps down 1% to up 2% for US. Sees Q4 EPS $1.29-$1.33, vs. the Street estimate of $1.28.
Raises its FY11 EPS guidance form $3.95-$4.05 to $4.08-$4.12, vs. the consensus of $4.02.
UPDATE: Click here to see some highlights from Wal-Mart's Q3 conference call.
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