Stock Region Earnings Calendar
Stock Region Newsletter - Earnings Report
Stock Region Newsletter - Earnings Report
Earnings Spotlight: Walmart
As we move through the earnings season, Walmart (WMT) stands out as a key player on the earnings calendar. Set to disclose its second-quarter results ahead of Thursday's open, Walmart's performance is highly anticipated by investors and analysts alike.
BofA Securities analyst Robert Ohmes (Buy) highlights Walmart's continued momentum across all income cohorts, pointing to its strong value offering and high digital convenience as key drivers. This momentum supports gains in both grocery and general merchandise sectors. Ohmes also notes that Walmart's progress in digital initiatives is expected to unlock higher-margin profit streams.
For the upcoming second quarter, analysts predict earnings of 64 cents per share, marking a 14.3% year-over-year increase, on revenue of $168.5 billion, which represents a 4.3% year-over-year growth.