Walmart Q3 Outlook: Adj. EPS $1.45-$1.50 Vs. $1.49 Estimate, Revenue Growth 3% Vs. $156.65B
Portfolio Pulse from Benzinga Newsdesk
Walmart has released its Q3 outlook, predicting an adjusted EPS of $1.45-$1.50, compared to the $1.49 estimate. The company also expects a revenue growth of 3%, versus the $156.65 billion estimate.
August 17, 2023 | 11:04 am
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Walmart's Q3 outlook is slightly above the estimated EPS and predicts a 3% revenue growth. This could potentially lead to a positive market reaction.
Walmart's Q3 outlook is slightly above the estimated EPS, which is a positive signal for investors. Additionally, the predicted 3% revenue growth indicates a strong financial performance, which could potentially lead to a positive market reaction.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100