Company News: Walmart (WMT) quarterly results beat analysts’ expectations

Market news

18 May 2021

Company News: Walmart (WMT) quarterly results beat analysts’ expectations

Walmart (WMT) reported Q1 FY 2022 earnings of $1.69 per share (versus $1.18 per share in Q1 FY 2021), beating analysts’ consensus estimate of $1.21 per share.

The company’s quarterly revenues amounted to $138.300 bln (+2.7% y/y), beating analysts’ consensus estimate of $131.526 bln.

WMT rose to $142.02 (+2.25%) in pre-market trading.

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