Wal-Mart reported it finished last quarter with earnings of $3,3 billion, or $1,03 per share, down from $3,71 billion, or $1,15 per share, in the same period in the last year. However, the reading is better than analysts' expectations, which he expectsearning a profit of 98 cents per share.
Revenues are down, down to 117,41 billion from 119 billion in the same period of the previous year. In this case, however, expectations – equal to 118,1 billion dollars – were disappointed. The American retail giant expects to close the quarter with a profit of between 1,4 and 1,55 dollars per share, compared to expectations equal to 1,42 dollars.
