In the latest market close, Walmart (NYSE: WMT) reached $60.24, with a +0.13% movement compared to the previous day. The stock lagged the S&P 500's daily gain of 0.32%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.35%.
Prior to today's trading, shares of the world's largest retailer had lost 0.02% over the past month. This has was narrower than the Retail-Wholesale sector's loss of 1.39% and the S&P 500's loss of 2% in that time.
The investment community will be closely monitoring the performance of Walmart in its forthcoming earnings report. The company is scheduled to release its earnings on May 16, 2024. The company is predicted to post an EPS of $0.52, indicating a 6.12% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $158.89 billion, showing a 4.33% escalation compared ...