Walmart WMT reported quarterly fourth-earnings of $1.38 per share on Tuesday, missing the analyst consensus estimate of $1.44 by 4.17%. This is a 2.13% decrease from earnings of $1.41 per share in the same period last year.
The company reported quarterly sales of $141.7 billion, missing the analyst consensus estimate of $142.64 billion by 0.66%. This is a 2.09% increase over sales of $138.793 billion in the same period last year.
Disruption in Chile negatively affected operating income by approximately $110 million, the retailer said.
The business disruption in Chile and a legal matter lowered adjusted EPS by about 5 cents, according to Walmart. The company raised its quarterly dividend from 53 cents to 54 cents per share.
Walmart stock was trading down 0.75% at $117.01 in Tuesday's premarket session. The stock has a 52-week high of $125.38 and a 52-week low of $96.53.
Related Links:
Walmart Trades Higher On Mixed Q3 Earnings, Raised Guidance
Walmart Reports Q2 Earnings Beat
Photo courtesy of Walmart.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.