Wal-Mart Stores Inc. Q2 Earnings Climb 8%

(RTTNews) - Wal-Mart Stores Inc. (WMT) released a profit for its second quarter that climbed compared to the same period last year.

The company said its bottom line climbed to $3.77 billion, or $1.21 per share. This was higher than $3.48 billion, or $1.08 per share, in last year's second quarter.

Analysts had expected the company to earn $1.02 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.5% to $120.85 billion. This was up from $120.23 billion last year.

Wal-Mart Stores Inc. earnings at a glance:

-Earnings (Q2): $3.77 Bln. vs. $3.48 Bln. last year. -Earnings Growth (Y-o-Y): 8.3% -EPS (Q2): $1.21 vs. $1.08 last year. -EPS Growth (Y-o-Y): 12.0% -Analysts Estimate: $1.02 -Revenue (Q2): $120.85 Bln vs. $120.23 Bln last year. -Revenue Change (Y-o-Y): 0.5%

-Guidance: Next quarter EPS guidance: $0.90 - $1.00 Full year EPS guidance: $4.29 - $4.49