Walmart Raises FY25 Adj. EPS Outlook To $2.35-$2.43 From $2.23-$2.37 Prior Vs, $2.43 Estimate
Portfolio Pulse from Benzinga Newsdesk
Walmart has raised its FY25 adjusted EPS outlook to $2.35-$2.43 from the previous $2.23-$2.37, aligning closely with the $2.43 estimate. The company also updated its consolidated net sales growth to 3.75%-4.75% and adjusted operating income growth to 6.5%-8.0%.
August 15, 2024 | 11:05 am
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Walmart has raised its FY25 adjusted EPS outlook to $2.35-$2.43 from the previous $2.23-$2.37, aligning closely with the $2.43 estimate. The company also updated its consolidated net sales growth to 3.75%-4.75% and adjusted operating income growth to 6.5%-8.0%.
The raised EPS outlook and improved sales and operating income growth projections are positive indicators for Walmart's financial health, likely boosting investor confidence and short-term stock price.
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