Wal-Mart Stores Inc. (WMT) reported third quarter adjusted EPS of $1.00 Thursday morning, which topped the consensus estimate of $0.97. The company also increased its full year adjusted EPS forecast to between $4.38 and $4.46, from prior expectations of $4.30 to $4.40.
Est‚e Lauder Companies (EL) reported first quarter EPS of $1.21 Wednesday morning, up from $0.85 a year ago. Analysts expected EPS of $0.97. Second quarter EPS is expected to be between $1.38 and $1.41, while full year EPS is expected to be between $4.04 and $4.12. The consensus estimates are for EPS of $1.41 and $3.99.
CNBC reported Tuesday morning that Rockwell Automation Inc. (ROK) has rejected multiple takeover offers from Emerson Electric (EMR). The most recent offer reportedly valued Rockwell at more $27.6 billion.