What to Expect From Walmart’s Upcoming Q1 Earnings?
<p>RBC Capital analysts shared their outlook on <a href='https://financialmodelingprep.com/financial-summary/WMT'>Walmart Inc. (NYSE:WMT)</a> ahead of the company’s upcoming Q1 earnings results. The analysts expect largely in-line results, modeling U.S. comp growth of 2% (vs. Street’s +1.8%) and EPS of $1.46 (vs. Street’s 1.48). </p>
<p>The company provided its full 2023-year guidance calling for slightly above 3% US comp growth (vs. Street’s 3.1%), operating income up 3% (vs. Street’s 3.5%) and EPS up mid-single-digits (vs. Street’s $6.75).</p>
<p>RBC Capital analysts view this guide as achievable and would not expect any changes in Q1, especially given the high degree of consumer uncertainty. The analysts maintained their outperform rating and $160 price target on the company’s shares.</p>
 

NYSE:WMT