Wal-Mart Stores Inc. (WMT) on Thursday reported earnings of $3.71 billion, or $1.15 per share, in its fiscal third quarter.
The company, based in Bentonville, Arkansas, posted revenue of $119 billion in the period, beating Street forecasts. Analysts expected $118.35 billion, according to Zacks.
Continue Reading Below
Wal-Mart expects full-year earnings to be $4.92 to $5.02 per share.
Wal-Mart shares have increased roughly 1 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 10 percent. The stock has increased almost 1 percent in the last 12 months.
This story was generated by Automated Insights (http://www.automatedinsights.com/ap ) using data from Zacks Investment Research. WMT stock research report from Zacks: http://www.zacks.com/ap/WMT .
Keywords:Wal-Mart Stores,Earnings Report,Priority Earnings