These Analysts Boost Their Forecasts On Walmart After Upbeat Earnings
Walmart(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 $169.34 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 $0.51 to $0.52 versus a consensus of $0.55, and its sales outlook is $164.58 billion-$166.17 billion vs. $167.11 billion estimate.For FY25, the big b ...