Wal-Mart Stores Inc Issues Q3 2012 EPS Guidance In Line With Analysts' Estimates; Raises FY 2012 EPS Guidance

Wal-Mart Stores Inc announced that for third quarter of 2012, it expects diluted earnings per share (EPS) from continuing operations to range between $1.04 and $1.09. This compares to last year's third quarter reported EPS of $0.97. For fiscal 2012, it expects EPS guidance to a range of $4.83 to $4.93. Previous range was $4.72 to $4.92. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $1.05 for third quarter of 2012 and EPS of $4.93 for fiscal 2012.