Company News: Walmart (WMT) quarterly results beat analysts’ expectations

Market news

17 May 2018

Company News: Walmart (WMT) quarterly results beat analysts’ expectations

Walmart (WMT) reported Q1 FY 2019 earnings of $1.14 per share (versus $1.00 in Q1 FY 2018), beating analysts' consensus estimate of $1.12.

The company's quarterly revenues amounted to $121.630 bln (+4.4% y/y), beating analysts' consensus estimate of $119.295 bln.

WMT rose to $87.59 (+1.70%) in pre-market trading.

German chancellor Merkel says all EU member states back Iran nuclear deal despite U.S. withdrawal

ECB says there must be acceptance the ECB has no excuses not to intervene in the sovereign bond market to deal with acute liquidity stress

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