(RTTNews) - Walmart Inc. (WMT) revealed earnings for its second quarter that Increased from last year but missed the Street estimates.
The company's bottom line came in at $7.026 billion, or $0.88 per share. This compares with $4.501 billion, or $0.56 per share, last year.
Excluding items, Walmart Inc. reported adjusted earnings of $0.68 per share for the period.
Analysts on average had expected the company to earn $0.74 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.8% to $177.402 billion from $169.335 billion last year.
Walmart Inc. earnings at a glance (GAAP) :
-Earnings: $7.026 Bln. vs. $4.501 Bln. last year. -EPS: $0.88 vs. $0.56 last year. -Revenue: $177.402 Bln vs. $169.335 Bln last year.
-Guidance: Next quarter EPS guidance: $0.58 - $0.60 Next quarter revenue guidance: $168.0 Bln Full year EPS guidance: $2.52 - $2.62 Full year revenue guidance: $674.5 Bln
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
