Walmart's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Walmart (NYSE:WMT) is scheduled to release its quarterly earnings report on Thursday, 2023-11-16. Analysts predict an EPS of $1.41. In the past, Walmart's stock price has been influenced by earnings performance and guidance. Last quarter, Walmart exceeded the EPS estimate by $0.14, leading to a 1.44% stock price increase the following day. Over the last year, Walmart shares have risen by 13.58%, trading at $167.65 as of November 14.
November 15, 2023 | 2:00 pm
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Walmart is expected to report an EPS of $1.41 for the upcoming quarter. Historically, stock price has reacted to earnings performance and forward guidance. Shares have been trending positively over the past year.
Given Walmart's history of surpassing EPS estimates and the subsequent positive stock price reactions, there is a likelihood of a positive short-term impact if the trend continues. The stock's positive performance over the past year may also contribute to investor optimism.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100