Walmart Reports Better Than Expected Q1 Earnings Results
<p><a href='https://financialmodelingprep.com/financial-summary/WMT'>Walmart (NYSE:WMT)</a> reported its Q1 earnings results yesterday, with EPS of $1.47 coming in better than the Street estimate of $1.30. Revenue was $152.3 billion, beating the Street estimate of $148.5 billion. The company provided its fiscal 2024 outlook, expecting EPS to be in the range of $6.10-$6.20, compared to the Street estimate of $6.14.</p>
<p>According to the analysts at RBC Capital, consistent delivery amid an increasingly uncertain consumer backdrop should continue to support a relatively premium multiple. The analysts adjusted their 2024/2025 consolidated net sales growth estimates to 3.5%/3.2% (from 3.0%/3.5%) and EPS estimates to $6.28/$6.83 (from $6.06/$6.67).</p>

NYSE:WMT