NEW YORK -- Wal-Mart Stores WMT , the world's largest retailer, reported Thursday first-quarter earnings of $3.74 billion, or $1.09 a share, up from year-earlier earnings of $3.39 billion, or 97 cents a share.
Analysts, on average, were looking for a profit of $1.04 a share in the April-ended period on sales of $110.54 billion.
The retailer announced Wednesday that it anticipates second-quarter earnings of between $1.13 and $1.18 a share; analysts are expecting $1.16 a share.
Shares of Wal-Mart roes 2.97% in premarket trading Thursday to $60.95.
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Sears Holdings SHLD reported first-quarter profit of $189 million, or $1.78 a share, a reversal from a year-earlier loss of $170 million, or $1.58 a share. The latest quarter included about $200 million of gains from the sale of some U.S. and Canadian stores Sears posted an adjusted first-quarter loss of 31 cents a share, compared with an adjusted year-earlier loss of $1.34 a share. The retailer was expected by analysts to post a quarterly loss of 67 cents a share. Sears shares rose 3.93% to $52.87 in premarket trading Thursday. 6 Stocks to Play for Lower Gold Prices
Agilent Technologies A announced Thursday that it is making its largest acquisition to date of Denmark cancer diagnostic firm Dako for $2.2 billion. Shares of Agilent rose 3.12% to $41.00 in premarket trading Thursday.
Network equipment maker Brocade BRCD is expected to post first-quarter results after the bell Thursday and analysts expect profit of 12 cents a share on sales of $541.4 million. 10 Stocks to 'Like' When Facebook Goes Public
Limited Brands LTD , the specialty retailer, whose brands include Victoria's Secret and Bath & Body Works, said Wednesday it expects second-quarter earnings of 40 cents to 45 cents a share. Analysts polled by Thomson Reuters were looking for a profit of 50 cents a share in the July-ending quarter. For the full year, Limited said it expects earnings of $2.63 to $2.83 a share; Wall Street's current consensus estimate is $2.83 a share. Shares of Limited fell 2.13% in premarket trading Thursday to $46.94.
Gap GPS is expected by analysts to post first-quarter earnings of 46 cents a share on revenue of $3.47 billion.
Boyd Gaming BYD announced Wednesday that it is acquiring Peninsula Gaming for $1.45 billion. -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: tips@thestreet.com.
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Sears Holdings SHLD reported first-quarter profit of $189 million, or $1.78 a share, a reversal from a year-earlier loss of $170 million, or $1.58 a share. The latest quarter included about $200 million of gains from the sale of some U.S. and Canadian stores Sears posted an adjusted first-quarter loss of 31 cents a share, compared with an adjusted year-earlier loss of $1.34 a share. The retailer was expected by analysts to post a quarterly loss of 67 cents a share. Sears shares rose 3.93% to $52.87 in premarket trading Thursday. 6 Stocks to Play for Lower Gold Prices
Agilent Technologies A announced Thursday that it is making its largest acquisition to date of Denmark cancer diagnostic firm Dako for $2.2 billion. Shares of Agilent rose 3.12% to $41.00 in premarket trading Thursday.
Network equipment maker Brocade BRCD is expected to post first-quarter results after the bell Thursday and analysts expect profit of 12 cents a share on sales of $541.4 million. 10 Stocks to 'Like' When Facebook Goes Public
Limited Brands LTD , the specialty retailer, whose brands include Victoria's Secret and Bath & Body Works, said Wednesday it expects second-quarter earnings of 40 cents to 45 cents a share. Analysts polled by Thomson Reuters were looking for a profit of 50 cents a share in the July-ending quarter. For the full year, Limited said it expects earnings of $2.63 to $2.83 a share; Wall Street's current consensus estimate is $2.83 a share. Shares of Limited fell 2.13% in premarket trading Thursday to $46.94.
Gap GPS is expected by analysts to post first-quarter earnings of 46 cents a share on revenue of $3.47 billion.
Boyd Gaming BYD announced Wednesday that it is acquiring Peninsula Gaming for $1.45 billion. -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: tips@thestreet.com.