Walmart: Fiscal 4Q Earnings Snapshot

BENTONVILLE, Ark. (AP) _ Walmart Inc. (WMT) on Tuesday reported fiscal fourth-quarter profit of $3.69 billion.

The Bentonville, Arkansas-based company said it had net income of $1.27 per share. Earnings, adjusted for non-recurring costs, were $1.41 per share.

The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.

The world's largest retailer posted revenue of $138.79 billion in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $139.3 billion.

Walmart shares have increased slightly more than 7 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 11 percent.