Walmart Had Solid Holiday Season, But Its Outlook Isn't So Hot
Retail behemoth WalMart hit all the right notes during its holiday quarter thanks to a U.S. consumer flush with savings from the gas pump and a new, better paying job.
Retail behemoth Walmart hit all the right notes during its holiday quarter thanks to a U.S. consumer flush with savings from the gas pump and a new, better paying job. Although investors will have to balance the retailer's budding comeback story with a tepid earnings estimate for the new fiscal year. Let's take a look at the quarterly earnings. On Thursday, Walmart reported earnings of $1.61 a share that was 8 cents better than expected. Sales came in at roughly $132B - that fell short of forecasts. Walmart expects 2015 earnings will be between $4.70 and $5 a share - below what analysts are expecting.









