Walmart Raises FY2024 Adj EPS Guidance from $6.10-6.20 vs $6.36-$6.46 Vs. $6.27 Est
Portfolio Pulse from Benzinga Newsdesk
Walmart has increased its FY2024 adjusted EPS guidance from $6.10-$6.20 to $6.36-$6.46, which is higher than the estimated $6.27.
August 17, 2023 | 11:02 am
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POSITIVE IMPACT
Walmart's raised FY2024 adjusted EPS guidance could potentially lead to a positive market reaction, as it surpasses the estimated $6.27.
Walmart's raised EPS guidance for FY2024 indicates a positive outlook for the company's future earnings. This could potentially lead to increased investor confidence and a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100