Wal-Mart In the Green After Earnings News

Filed under: Earnings Reports, Wal-Mart (WMT)

Wal-Mart Stores, Inc. (WMT) hasn't performed too well as a stock over the last few months. But its name carries weight in its sector. Many investors believe the company to be one of the safer blue-chip bets out there.



The latest earnings report shows that the business is indeed relatively healthy, even though it may not always have the stuff to destroy Wall Street's expectations. For the second quarter, net income from continuing operations came in at 97 cents per share, which was in-line with analyst projections. While that might tend to disappoint some in the market, it should be noted that full-year guidance has been raised.

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Wal-Mart In the Green After Earnings News originally appeared on BloggingStocks on Tue, 17 Aug 2010 17:30:00 EST. Please see our terms for use of feeds.

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Wal-Mart - Business - Wall Street - BloggingStocks - Net income

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