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

Notícias do Mercado

19 maio 2020

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

Walmart (WMT) reported Q1 FY 2021 earnings of $1.18 per share (versus $1.13 per share in Q1 FY 2020), beating analysts' consensus estimate of $1.09 per share.

The company's quarterly revenues amounted to $134.662 bln (+9.5% y/y), beating analysts' consensus estimate of $130.912 bln.

Due to unprecedented variability in the macro-environment brought on by COVID-19, the company withdrew its financial guidance for FY 2021.

WMT rose to $132.95 (+4.14%) in pre-market trading.

S&P 500: Strength to extend – Credit Suisse

Japan: Further deterioration of the GDP on the cards – UOB

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