Company News: Wal-Mart (WMT) Q3 EPS beat analysts’ estimate

Market news

17 November 2016

Company News: Wal-Mart (WMT) Q3 EPS beat analysts’ estimate

Wal-Mart reported Q3 FY 2016 earnings of $0.98 per share (versus $0.99 in Q3 FY 2015), beating analysts' consensus estimate of $0.96.

The company's quarterly revenues amounted to $117.176 bln (+0.5% y/y), slightly missing analysts' consensus estimate of $117.862 bln.

The company also issuee in-line guidances for Q4 and FY 2017, projecting Q4 EPS of $1.18-1.33 (versus analysts' consensus estimate of $1.32) and FY2017 EPS of $4.20-4.35 (versus analysts' consensus estimate of $4.33).

WMT fell to $69.43 (-2.73%) in pre-market trading.

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