Walmart Q2 Earnings Preview: This 'Safe-Haven' Stock Is 'One Of The Few Beat-And-Raise Stories In Retail'
Portfolio Pulse from Chris Katje
Walmart Inc (NYSE:WMT) is set to report its Q2 earnings, with analysts expecting revenue of $168.57 billion and earnings per share of 64 cents. The company has a strong track record of beating estimates and is seen as a 'safe haven' in weak markets. Analysts are optimistic about Walmart's performance, citing potential for higher customer counts and increased ecommerce and advertising revenue.
August 14, 2024 | 7:07 pm
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Walmart is expected to report strong Q2 earnings, with analysts predicting revenue of $168.57 billion and earnings per share of 64 cents. The company has a history of beating estimates and is seen as a 'safe haven' in weak markets. Key items to watch include ecommerce and advertising revenue.
Walmart has a strong track record of beating earnings and revenue estimates, which is likely to positively impact its stock price in the short term. The company's performance in ecommerce and advertising revenue will be key indicators to watch.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100