These Analysts Boost Their Forecasts On Walmart After Upbeat Earnings
WMTWalmart(WMT) Benzinga·2024-08-16 20:03

Walmart Inc WMT announced strong second-quarter results and raised full-year guidance on Thursday.The retailer reported adjusted EPS of 67 cents (+9.8% Y/Y), beating the consensus of 64 cents. Sales were 169.34billion,up4.8169.34 billion, up 4.8% year over year or 5.0% (at constant currency), beating the consensus of 168.57 billion.Walmart expects third-quarter adjusted EPS of 0.51to0.51 to 0.52 versus a consensus of 0.55,anditssalesoutlookis0.55, and its sales outlook is 164.58 billion-166.17billionvs.166.17 billion vs. 167.11 billion estimate.For FY25, the big b ...