What's Going On With Walmart Shares Wednesday?
Portfolio Pulse from Dylan Berman
Walmart Inc. (NYSE:WMT) shares are trending as the company is set to release its Q2 2024 earnings on Thursday. Analysts estimate EPS of 64 cents and revenue of $168.56 billion. Walmart has a strong record of beating estimates. Multiple analysts have recently adjusted their price targets for Walmart.
August 14, 2024 | 3:29 pm
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Walmart is set to release its Q2 2024 earnings, with analysts estimating EPS of 64 cents and revenue of $168.56 billion. The company has a strong history of beating estimates, and multiple analysts have recently adjusted their price targets.
Walmart's upcoming earnings report is highly anticipated, with analysts expecting strong results. The company's history of beating estimates and recent positive analyst adjustments suggest a likely positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100