BENTONVILLE, Ark. (AP) — BENTONVILLE, Ark. (AP) — Walmart Inc. (WMT) on Thursday reported fiscal third-quarter profit of $453 million.
On a per-share basis, the Bentonville, Arkansas-based company said it had profit of 17 cents. Earnings, adjusted for investment costs, came to $1.53 per share.
The results met Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was also for earnings of $1.53 per share.
The world's largest retailer posted revenue of $160.8 billion in the period, which topped Street forecasts. Eleven analysts surveyed by Zacks expected $159.49 billion.
Walmart expects full-year earnings in the range of $6.40 to $6.48 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WMT at https://www.zacks.com/ap/WMT