Plus   Neg

Walmart Inc. Q1 adjusted earnings Beat Estimates

Walmart Inc. (WMT) released a profit for its first quarter that increased from the same period last year.

The company's bottom line came in at $3.99 billion, or $1.40 per share. This compares with $3.84 billion, or $1.33 per share, in last year's first quarter.

Analysts had expected the company to earn $1.17 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.6% to $134.62 billion from $123.93 billion last year.

Walmart Inc. earnings at a glance:

-EPS (Q1): $1.18 vs. $1.13 last year.
-Analysts Estimate: $1.17
-Revenue (Q1): $134.62 Bln vs. $123.93 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT