Walmart Inc. Q4 Profit Decreases, But Beats Estimates

(RTTNews) - Walmart Inc. (WMT) revealed earnings for fourth quarter that decreased from last year but beat the Street estimates.

The company's bottom line came in at $5.254 billion, or $0.65 per share. This compares with $5.494 billion, or $0.68 per share, last year.

Excluding items, Walmart Inc. reported adjusted earnings of $0.66 per share for the period.

Analysts on average had expected the company to earn $0.65 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 4.1% to $180.554 billion from $173.388 billion last year.

Walmart Inc. earnings at a glance (GAAP) :

-Earnings: $5.254 Bln. vs. $5.494 Bln. last year. -EPS: $0.65 vs. $0.68 last year. -Revenue: $180.554 Bln vs. $173.388 Bln last year.

-Guidance: Next quarter EPS guidance: $0.57 to $0.58