BENTONVILLE, Ark. (AP) — BENTONVILLE, Ark. (AP) — Walmart Inc. (WMT) on Tuesday reported fiscal fourth-quarter profit of $5.49 billion.
The Bentonville, Arkansas-based company said it had profit of $2.03 per share. Earnings, adjusted for non-recurring gains, came to $1.80 per share.
The results topped Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share.
The world's largest retailer posted revenue of $173.39 billion in the period, also beating Street forecasts. Twelve analysts surveyed by Zacks expected $170.64 billion.
For the current quarter ending in April, Walmart expects its per-share earnings to range from $1.48 to $1.56.
The company expects full-year earnings in the range of $6.70 to $7.12 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