Walmart Inc. Shares Take A Dip In Premarket On Q4 Earnings Miss

Projected Numbers

Analysts projected for Walmart Inc. to report an EPS of $1.36 on February, 20. They see 4.62% change or $0.06 EPS from $1.3 EPS during the last quarter.

After retail giant previously reported $1.00 EPS, analysts predicted 36% EPS growth. In the last trading session, Walmart Inc.’s stock increased $1.55 or 1.50%, reaching $104.77.

WalMart

About 77.74% or 16.06 million shares traded from the average. Since February 19, last year Walmart Inc (NYSE: WMT) has gone up 13.84% and is doing better.

WMT Earning & Outlook

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Despite what analysts predicted, Walmart reported adjusted Q4 earnings of $1.33 on $135.15 billion in revenues while analyst were looking for $1.37 earnings per share on $134.91 billion in revenue.

Walmart’s strategic positioning remains to target middle-income consumers with consumables in small markets. Goldman Sachs upgraded WMT shares to “buy” in late January, with a price target of $117.

The latest data from Cowen Consumer Tracker shows that shares of Walmart Inc. (WMT) are doing well because of improved customer satisfaction in product quality, customer service, and merchandise selection. Nonetheless, there was a decrease in price satisfaction in three out of the last four periods.

WMT shares are up 50% for the last year, and up 4.5% for the last three months. FactSet analysts predict Walmart will have sales of $134.8 billion, up from $130.8 billion in 2017. Estimize, on the other hand, expects the company to make sales of $136.5 billion. According to FactSet, Walmart has surpassed revenue estimates in the last two quarters

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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