Wal-Mart posts earnings of $1.21 a share, in line with estimates
August 14, 2014 at 07:03 AM EDT
This is a breaking news article. Analysts had expected the company to report earnings of $1.21 a share on $119 billion in revenue, according to a consensus estimate from Thomson Reuters.. Since Wal-Mart is the country's biggest retailer, its earnings are watched closely as a gauge of the health of the American consumer.