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- Company News: Wal-Mart (WMT) Q3 EPS slightly beat analysts’ estimate
Company News: Wal-Mart (WMT) Q3 EPS slightly beat analysts’ estimate
Wal-Mart reported Q4 of fiscal year (FY) 2017 earnings of $1.30 per share (versus $1.49 in Q4 FY 2016), beating analysts' consensus estimate of $1.29.
The company's quarterly revenues amounted to $129.750 bln (+0.8% y/y), generally in-line with analysts' consensus estimate of $130.217 bln.
The company also issued in-line guidance for Q1 and the full FY 2018. It projected Q1 EPS of $0.90-1.00 versus analysts' consensus estimate of $0.96. For FY 2018 the company guided EPS of $4.20-4.40 (up from $4.15-4.35 in October of last year) analysts' consensus estimate of $4.32.
Walmart approved an annual cash dividend for FY 2018 of $2.04 per share, up 2 percent from the $2.00 per share paid for the last FY.
WMT rose to $71.82 (+3.53%) in pre-market trading.
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