Investing.com - Walmart (NYSE:WMT) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.41 on revenue of $138.8M. Analysts polled by Investing.com expected EPS of $1.33 on revenue of $138.81B. That compared to EPS of $1.33 on revenue of $136.27B in the same period a year earlier. The company had reported EPS of $1.08 on revenue of $124.89B in the previous quarter.
For the year, Walmart shares are up 7.34%, broadly in line with the S&P Global (NYSE:SPGI) 100 which is up 7.46% year to date.
Walmart follows other major Services sector earnings this month
On Thursday, January 31, 2019, Amazon.com reported fourth quarter EPS of $6.04 on revenue of $72.38B, compared to forecasts of EPS of $5.65 on revenue of $71.88B.
Alibaba earnings beat analyst's expectations on Wednesday, January 30, 2019, with third quarter EPS of $12.19 on revenue of $117.28B. Investing.com analysts expected EPS of $11.45 on revenue of $119.03B
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