Zacks Analyst Blog Highlights: Wal-Mart Stores, Costco Wholesale, Target, TRWAutomotive Holdings and Autoliv

CHICAGO, Aug. 22, 2011 / PRNewswire / - Zacks.com Analyst Blog Features: Wal-Mart Stores Inc. (NYSE: WMT), Costco Wholesale Corporation (Nasdaq: COST), Target Corp. (NYSE: TGT), TRWAutomotive Holdings Corp. ( NYSE: TRW) and Autoliv Inc. (NYSE: VAT).
(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)
Get the Most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579
Here are highlights from Friday's Analyst Blog:
Earnings Preview: Wal-Mart Stores
Wal-Mart Stores Inc. (NYSE: WMT), one of the World's Leading Retail Operators, is Scheduled to Report Fourth-ITS Quarter and Full-Year 2011 Financial Results on Tuesday, February 22, 2011. The current Zacks Consensus Estimate for Earnings and Revenue for the Quarter To Be Reported are $ 1.31 per share and $ 1.18 Billion, respectively.
Third-Quarter 2011, a Synopsis
Wal-Mart, Which faces stiff competition from Costco Wholesale Corporation (Nasdaq: COST) and Target Corp. (NYSE: TGT), Reported Better-Than-EE Third-quarter 2011 results and raised ITS EPS outlook for the rest of fiscal 2011. The Retailing giant Reported quarterly earnings of 95 cents a share, Reflecting an Increase of 15.8% over the Prior-year earnings of 82 cents a share.
HOWEVER, (Excluding the Benefit of the one-time items), earnings were in line with the Zacks Consensus Estimate of 90 cents per share.
ITS Management raised full-year 2011 EPS guidance to a range of $ 4.08 to $ 4.12 per share. Prior-year guidance was in the range of $ 3.95 to $ 4.05. For the fourth quarter, the company expects earnings in the range of $ 1.29 to $ 1.33 per share. The Zacks Consensus Estimate for earnings for fiscal 2011 is $ 4.05 a share.