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Wal-Mart Earnings To Show Recession’s Best Friend (WMT, TGT)
http://www.eatingstock.com/ ?p=2693
Wal-Mart Stores Inc. (NYSE: WMT) is set to report earnings this coming Tuesday morning before the open. The company already gave an approximate revenues number of $94 Billion. As you will see below, Wall Street is under what the company already gave for guidance, and it looks like even the highest estimate is right under $93.7 Billion. The retail behemoth’s estimates from First Call are $0.75 EPS on $92.44 Billion in revenues. Estimates for next quarter are $0.81 EPS on $99.7 Billion in revenues, and Fiscal Jan-2009 estimates are $3.44 EPS on $405.27 Billion in revenues.
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