HERE’S WHAT WALL STREET EXPERTS ARE SAYING ABOUT WALMART AHEAD OF EARNINGS
https://media.zenfs.com/en/tipranks_452/0439f12bdecb716a7808072dbadf95a4
✍️ Walmart is set to report its second-quarter earnings on August 21, with analysts expecting strong results and guidance. The company has been gaining share in consumables and has been preparing for potential competition from Amazon's grocery expansion.
👉 Walmart is set to report its second-quarter earnings on August 21 👉 Analysts expect strong results, with earnings per share predicted to be $2.64 on revenue of $699.23 billion 👉 Walmart has backed its fiscal 2026 guidance, calling for adjusted earnings per share of $2.50-$2.60, on revenue up 3%-4%, and adjusted operating income up 3.5%-5.5% 👉 Guggenheim expects the company to report strong Q2 results and believes the stock's valuation has room for multiple expansion 👉 Oppenheimer believes a positive guidance revision cycle could materialize soon 👉 Evercore ISI noted that the timing of Trump 2.0 policies creates uncertainties into the Q2 earnings season for large cap retailers, but Q2 was 'generally' solid
-- #DougMcMillon #SureshKumar #DanielDanker #SarahNassauer #HaleyZimmerman #business
Loading quoted post…
