BENTONVILLE (dpa-AFX) - Walmart Inc. (WMT) announced earnings for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings totaled $6.143 billion, or $0.77 per share. This compares with $4.577 billion, or $0.57 per share, last year.
Excluding items, Walmart Inc. reported adjusted earnings of $0.62 per share for the period.
Analysts on average had expected the company to earn $0.60 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 5.8% to $179.496 billion from $169.588 billion last year.
Walmart Inc. earnings at a glance (GAAP) :
-Earnings: $6.143 Bln. vs. $4.577 Bln. last year. -EPS: $0.77 vs. $0.57 last year. -Revenue: $179.496 Bln vs. $169.588 Bln last year.
-Guidance: Full year EPS guidance: $2.58 to $2.63
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