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Walmart Q4 Profit Misses Estimates; Lowers FY19 Sales Growth Outlook

Walmart Inc. (WMT) reported fourth-quarter adjusted profit per share of $1.33 compared to $1.30, prior year. On average, 29 analysts polled by Thomson Reuters expected the company to report profit per share of $1.37 for the quarter. Analysts' estimates typically exclude special items. The company said it is currently analyzing the accounting impact of the Tax Act, but its analysis is incomplete. As a result, Walmart has recorded a provisional benefit of $207 million for the fourth quarter.

NetApp Climbs Off Worst Levels But Remains Firmly Negative

After gapping open sharply lower, shares of NetApp (NTAP) have climbed well off their worst levels but remain firmly negative in late-day trading on Thursday.

T. Rowe Price Q4 Earnings Beat Estimates

T. Rowe Price Group, Inc. (TROW) on Tuesday reported a nearly 9 percent decline in net profit for the fourth quarter from last year, reflecting a one-time charge related to the enactment of U.S. tax reform. However, both revenue and adjusted earnings per share for the quarter beat analysts' estimates.
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