Walmart Stock: Bullish Or Bearish? A Tug-of-War Ahead Of Q2 Earnings
Portfolio Pulse from Surbhi Jain
Walmart Inc (NYSE:WMT) is set to report its Q2 earnings on Thursday, with Wall Street expecting 64 cents in EPS and $168.6 billion in revenues. The stock has shown mixed technical signals, with short-to-medium term indicators being both bullish and bearish. Analysts have a consensus 'Buy' rating with an 8% upside potential.
August 14, 2024 | 4:13 pm
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Walmart is set to report Q2 earnings with Wall Street expecting 64 cents in EPS and $168.6 billion in revenues. The stock has mixed technical signals but analysts have a consensus 'Buy' rating with an 8% upside potential.
The upcoming earnings report and mixed technical signals create a cautious but potentially favorable outlook. Analysts' consensus 'Buy' rating and 8% upside potential add a positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100