Wal-Mart Stores (WMT) Tops Q3 EPS by 1c, Lifts Low end of FY EPS
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Go back to Wal-Mart Stores (WMT) Tops Q3 EPS by 1c, Lifts Low end of FY EPS
November 16, 2012 1:27 PM EST
Yesterday, shares of Wal-Mart (NYSE: WMT) came under pressure yesterday following the release of the retailer's Q3 earnings report. Digging into the report, analyst at Jefferies pointed to a few concerns raised by investors. These concerns included a shortfall in comps, guidance that fell short of... More
November 15, 2012 8:38 AM EST
Wal-mart (NYSE: WMT) shares are on the mend Thursday morning following stronger-than-expected third-quarter 2012 results, but tepid outlook for fourth-quarter and 2012 earnings.
Net sales rose 3.4 percent to $113.2 billion, from $109.52 billion in the same period last year. Excluding currency impact, revs were $114.87 billion. Operating income popped 8.7 percent higher to $3.635 billion or $1.08 per share.
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