Wal-Mart posts earnings of $1.10 a share vs $1.15 estimate
May 15, 2014 at 07:02 AM EDT
Wall Street had expected the discount retailer to deliver earnings of $1.15 per share on revenue of $116.27 billion, according to a consensus estimate from Thomson Reuters.. What is Wal-Mart stock doing now? This year, Wal-Mart unveiled several new initiatives to juice growth.