The company Wal-Mart (WMT) has completed the acquisition of Jet.com worth $ 3.3 billion. In this regard, the company has updated the expectations of influence the transaction will have on financial results.
According to the report, Walmart estimates that the deal will have a “dilutive effect” on the earnings per share for 2017 of $ 0.05, because of operating losses and one-time transaction costs.
WMT shares rose in premarket trading to $ 72.25 (+ 0.22%).
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