Walmart Reports a Q4 EPS & Revenue Beat
<p><a href='https://financialmodelingprep.com/financial-summary/WMT'>Walmart (NYSE:WMT)</a> reported its Q4 results on Tuesday, with EPS coming in at $1.71, beating the Street estimate of $1.52. Revenue was $164 billion, better than the Street estimate of $159.77 billion. U.S. comp sales were up 8.3%.</p>
<p>The company expects Q1/24 EPS in the range of $1.25-$1.30, better than the Street estimate of $1.36. Consolidated net sales growth is expected in the range of 4.5%-5.0% in constant currency.</p>
<p>For the full year, the company expects EPS to be in the range of $5.90-$6.05, compared to the Street estimate of $6.50. Consolidated net sales growth is seen at 2.5%-3.0%.</p>
<p>Following the results, analysts at RBC Capital lowered their price target on the stock to $160 from $163, and cut their 2024/2025 U.S. comp estimates to 2.4%/3.0% and EPS to $6.06/$6.67. </p>

NYSE:WMT