Walmart Q2 earnings on deck
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Stocktwits on MSNWalmart Q2 Preview: Analysts Expect Strong Report As Retailer’s Scale, Staples Stronghold Likely Offset Macro Pressures
Analysts and retail investors broadly expect smooth sailing for Walmart, ahead of its quarterly results early Thursday morning, even as they expect to dig into the company's comments on the consumer economy amid mixed signals.
This would signify a 10% year-over-year rise in adjusted earnings and a 3% growth in sales compared to last year's figures of 63 cents per
Walmart Inc (NYSE: WMT) is keeping the upward momentum ahead of its second-quarter release on August 21st. The retail behemoth is broadly expected to report about $174 billion in revenue on 74 cents a share of earnings for its fiscal Q2.
Walmart heads into Q2 with sales growth and stock gains, while Target lags with weaker results but trades at a steep valuation discount.
Walmart offers a quarterly dividend amount of 23 cents per share. To earn $500 monthly, start with the yearly target of $6,000.