WMT - Walmart Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call | Benzinga
Walmart Inc. (NYSE:WMT) is set to release earnings results for its first quarter, before the opening bell on Thursday.
Analysts expect the Bentonville, Arkansas-based company to report quarterly earnings at 52 cents per share, up from 49 cents per share in the year-ago period. Walmart is expected to post revenue of $159.50 billion, according to data from Benzinga Pro.
Walmart is reportedly set to lay off hundreds of corporate employees and relocate others to its main corporate hubs.
Walmart shares slipped 0.1% to close at $59.83 on ...