By  on November 15, 2018

Shares of Walmart Inc. were largely flat Thursday morning after the retail and e-commerce giant beat Wall Street estimates on a number of key metrics, showing continued strength both in digital and stores.

Walmart reported adjusted earnings per share of $1.08 in the third quarter on total revenues of $124.9 billion, a 1.4 percent increase over $123.2 billion in last year’s third quarter. The Wall Street consensus EPS estimate was $1.01 per share. Profit came in at $1.71 billion, a 2.2 percent dip from the $1.75 billion reported in last year’s third quarter.

To continue reading this article...

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus