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- Company News: Wal-Mart (WMT) quarterly earnings miss analysts’ estimates
Company News: Wal-Mart (WMT) quarterly earnings miss analysts’ estimates
Wal-Mart (WMT) reported Q4 FY 2018 earnings of $1.33 per share (versus $1.30 in Q4 FY 2017), missing analysts' consensus estimate of $1.37.
The company's quarterly revenues amounted to $135.150 bln (+4.2% y/y), beating analysts' consensus estimate of $133.627 bln.
The company issued downside EPS guidance for FY 2019, projecting EPS of $4.75-5.00 versus analysts' consensus estimate of $5.08.
It also approved an annual cash dividend for FY 2019 of $2.08 per share, an increase of 2 percent from the $2.04 per share paid for the last fiscal year.
WMT fell to $100.74 (-3.86%) in pre-market trading.
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