Top stock Alert - (NYSE:WMT) Beat Estimations, Lifts Outlook

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Wal-Mart Stores, Inc. (NYSE:WMT) jumped 1% to $53.52 after it said that its third-quarter profit rose a better-than-expected 3.2%, helped by inventory control and international demand. Net income rose to $3.24 billion, or 84 cents a share, from $3.14 billion, or 80 cents a share, a year earlier. Revenue including membership income rose 1.1% to $99.4 billion. Analysts, on average, had expected earnings of 81 cents a share on sales of $99.2 billion. The company had forecast profit of 78 cents to 82 cents a share. The company also raised its full-year outlook to a range of $3.57 to $3.61 a share, from a range of $3.50 to $3.60 a share.

Wal-Mart Stores, Inc. (Walmart) serves customers and club members more than 200 million times per week at more than 8,000 retail units under 53 different banners in 15 countries. The Company operates in three business segments: Walmart U.S. and Sam’s Club in the United States, and Walmart International in 14 countries and Puerto Rico. In January 2009, the Company acquired 57% of D&S S.A.

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