Company News: Walmart (WMT) quarterly earnings miss analysts’ estimates

Market news

18 February 2021

Company News: Walmart (WMT) quarterly earnings miss analysts’ estimates

Walmart (WMT) reported Q4 FY 2021 earnings of $1.39 per share (versus $1.38 per share in Q4 FY 2020), missing analysts’ consensus estimate of $1.51 per share.

The company’s quarterly revenues amounted to $152.100 bln (+7.3% y/y), beating analysts’ consensus estimate of $147.024 bln.

WMT fell to $140.10 (-4.82%) in pre-market trading.

U.S.: Philadelphia Fed Manufacturing Survey, February 23.1 (forecast 20)

ECB Monetary Policy Meeting Accounts: Members agreed that ample monetary stimulus remained essential to preserve favourable financing conditions over the pandemic period

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