Walmart's profit fell to $ 3.59 billion in the first quarter

SÃO PAULO-Walmart announced this Thursday, 15, net income of $ 3.59 billion in the first quarter of this year, below the gain of $ 3.78 billion registered in the same period in 2013. In the same comparison, the earnings per share of American retailer network retreated to $ 1.11, to $ 1.14. Revenue climbed 0.8%, to $ 114.2 billion.
Both profit and revenue came in below expectations. Analysts consulted by FactSet forecast earnings per share of $ 1.15 and $ sales EUR 116.4 billion. At 8:34 (Eastern), shares of Wal-Mart fell 3.23% in pre-market on New York. For the current quarter, Walmart provides adjusted earnings per share of $ 1.15 to $ 1.25, below economists ' projection of gain of $ 1.28 per share.