Notizie economiche
15.08.2024

Company news: Walmart’s (WMT) quarterly results beat analysts’ forecasts

Walmart (WMT) reported Q2 FY2025 earnings of $0.67 per share (versus $1.84 per share in Q2 FY2024), beating analysts’ consensus estimate of $0.65 per share.

The company’s quarterly revenues amounted to $169.300 bln (+4.7% y/y), slightly beating analysts’ consensus estimate of $168.565 bln.

The company also issued guidance for Q3 FY2025, seeing EPS of $0.51-0.52 versus analysts’ consensus estimate of $0.55 and revenues of +3.25-4.25% y/y to $166.03-167.64 bln versus analysts’ consensus estimate of $167.05 bln.

In addition, Walmart raised FY2025 EPS guidance to $2.35-2.43 from $2.23-2.37 in the previous guidance versus analysts’ consensus estimate of $2.44 and raised FY2025 revenues guidance to +3.75-4.75% y/y to $672.43-678.91 bln from +3-4% y/y in the previous guidance versus analysts’ consensus estimate of $676.53 bln.

WMT rose to $73.33 (+6.80%) in pre-market trading.

Guarda anche