Wal-Mart beats 4Q profit forecasts

WAL-MART Stores Inc. has reported fiscal fourth-quarter earnings of $US4.97 billion ($A6.36 billion).

ON a per-share basis, the Bentonville, Arkansas-based company said it had net income of $US1.53. Earnings, adjusted for non-recurring costs, were $US1.61 per share.

The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $US1.54 per share.The world's largest retailer posted revenue of $US131.57 billion in the period, missing Street forecasts. Analysts expected $US132.32 billion, according to Zacks.Wal-Mart expects full-year earnings to be $US4.70 to $US5.05 per share.Wal-Mart shares have climbed slightly since the beginning of the year, while the Standard & Poor's 500 index has increased 2 per cent. The stock has increased 14 per cent in the last 12 months.

Anda sedang membaca artikel tentang

Wal-Mart beats 4Q profit forecasts

Dengan url

http://koplakbolang.blogspot.com/2015/02/wal-mart-beats-4q-profit-forecasts.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Wal-Mart beats 4Q profit forecasts

namun jangan lupa untuk meletakkan link

Wal-Mart beats 4Q profit forecasts

sebagai sumbernya