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Wal-Mart Stores Inc Issues Q4 2013 EPS Guidance Below Analysts' Estimates; Raises Low End Of Prior FY 2013 EPS Guidance
Wal-Mart Stores Inc announced that for the fourth quarter of 2013, it expects diluted earnings per share (EPS) from continuing operations to range between $1.53-$1.58. This compares to last year's fourth quarter reported EPS of $1.51. For fiscal 2013, it is tightening and reaffirming the top end of earnings per share guidance to a range of $4.88-$4.93. This compares to the previous guidance of $4.83-$4.93. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.59 for the fourth quarter of 2013.
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