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Wal-Mart earnings beat, but revenue misses

Published 02/18/2016, 08:45 AM
WMT
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Investing.com - U.S. retail giant Wal-Mart (N:WMT) said Thursday that Q4 revenues missed analysts' forecasts, but earnings beat

Revenues totaled $129.7 billion, compared to forecasts of $130.6 billion

Earnings per share came in at $1.49, above expectations for earnings of $1.46

Walmart also warned it is expecting virtually no sales growth in the coming fiscal year

Shares fell by as much as 4% pre-market following the announcement

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