Company News: Wal-Mart (WMT) reported better than expected fourth quarter earnings, but revenue missed forecast

Market news

19 February 2015

Company News: Wal-Mart (WMT) reported better than expected fourth quarter earnings, but revenue missed forecast

Wal-Mart (WMT) earned $1.61 per share in the fourth quarter, beating analysts' estimate of $1.54. Revenue in the fourth quarter increased 1.4% year-over-year to $130.65 billion, but missing analysts' estimate of $131.83 billion.

Wal-Mart (WMT) shares decreased to $86.00 (-0.34%) prior to the opening bell.

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