Company News: Walmart (WMT) Q1 EPS beat analysts’ forecast

Market news

18 May 2017

Company News: Walmart (WMT) Q1 EPS beat analysts’ forecast

Walmart (WMT) reported Q1 FY 2018 earnings of $1.00 per share (versus $0.98 in Q1 FY 2017), beating analysts' consensus of $0.96.

The company's quarterly revenues amounted to $116.526 bln (+1.3% y/y), generally in-line with analysts' consensus estimate of $117.013 bln.

The company also issued guidance for Q2, projecting EPS of $1.00-1.08 versus analysts' consensus estimate of $1.07.

WMT rose to $75.99 (+1.16%) in pre-market trading.

U.S.: Initial Jobless Claims, 232 (forecast 240)

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