Walmart Inc. (NYSE:WMT) is reporting second quarter earnings results on Tuesday 18th August 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.25 per share.
For the full year, analysts predict revenues of $ 546919.00 million, while looking forward to income of $ 5.01 per share.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 539,785.00 million ~ $ 539,785.00 million, where as bottomline are predicted in a range of $ 5.00 ~ $ 5.15 per share
Click Here For More Historical Outlooks Of Walmart Inc.
Previous Quarter Performance
Walmart Inc. outlined income for the first quarter of $ 1.18 per share, from the revenue of $ 134.62 million. The quarterly earnings expanded 4.42 percent compared with the same quarter last year. Street analysts expected Walmart Inc. to report income of $ 1.17 per share on revenue of $ 130315.00 million for the first quarter. The bottom line results beat street analysts by $ 0.01 or 0.85 percent, at the same time, top line results fell short of analysts by $ 130 million or 99.9 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 384.86 billion and is part of the Consumer Defensive sector and Discount Stores industry.
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Recent Analyst recommendations
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- On 22nd June 2020, maintained by Guggenheim at Buy rating, with $ 145.00 target price.
- On 22nd June 2020, upgraded by UBS Group to Buy from Neutral rating, with $ 135.00 target price.
Conference Call
Walmart Inc. will be hosting a conference call at 8:00 AM eastern time on 18th August 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website https://corporate.walmart.com/newsroom/financial-events
Walmart Inc. engages in the retail and wholesale operations in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sams Club.
