Walmart (WMT) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Core Insights - Analysts project Walmart (WMT) will announce quarterly earnings of $0.73 per share, a 9% increase year over year, with revenues expected to reach $175.51 billion, reflecting a 3.6% increase from the same quarter last year [1] Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock performance [2] Revenue Projections - Analysts predict 'Revenues- Membership and other income' will reach $1.70 billion, indicating an 8.4% year-over-year change [4] - 'Net Sales- Walmart U.S.' is expected to reach $119.96 billion, reflecting a 4% increase from the prior-year quarter [4] - 'Revenues- Net Sales' is projected to be $173.88 billion, marking a 3.6% increase from the prior-year quarter [4] - 'Net Sales- Walmart International' is forecasted to reach $30.13 billion, indicating a 1.9% increase from the year-ago quarter [5] Comparable Store Sales - U.S. comparable store sales (YoY change) for Sam's Club (without fuel impact) is estimated at 4.9%, down from 5.2% in the previous year [6] - U.S. comparable store sales (YoY change) for Walmart U.S. (without fuel impact) is expected to be 4.0%, slightly down from 4.2% in the same quarter last year [6] - Total U.S. comparable store sales (YoY change) is projected at 4.2%, down from 4.3% in the previous year [7] Store Metrics - The number of stores for Sam's Club is expected to reach 602, up from 599 in the same quarter last year [7] - The estimated net square footage for Total is projected at 1,061 million square feet, an increase from 1,049 million square feet in the same quarter last year [8] - The net square footage for Sam's Club is expected to reach 81 million square feet, up from 80 million square feet in the previous year [8] - The consensus estimate for the number of stores internationally stands at 5,615, compared to 5,414 in the previous year [9] Stock Performance - Walmart shares have shown a return of +5.2% over the past month, outperforming the Zacks S&P 500 composite's +3.5% change, indicating a positive outlook for the stock [10]