Core Viewpoint - Analysts project that Walmart will report quarterly earnings of $0.61 per share, reflecting a 5.2% year-over-year increase, with revenues expected to reach $177.14 billion, a 4.5% increase from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been adjusted upward by 0.2% over the past 30 days, indicating a reassessment by analysts [1][2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock [2] Revenue and Sales Projections - Analysts estimate 'Revenues- Membership and other income' at $1.71 billion, a year-over-year increase of 7.7% [4] - 'Net Sales- Walmart U.S.' is projected at $119.52 billion, reflecting a 4.1% increase from the prior-year quarter [4] - The average prediction for 'Revenues- Net Sales' is $175.33 billion, indicating a 4.4% year-over-year change [4] International and Comparable Store Sales - 'Net Sales- Walmart International' is expected to reach $32.07 billion, a 5.9% year-over-year increase [5] - U.S. comparable store sales (YoY change) for Walmart U.S. (without fuel impact) is projected at 4.0%, down from 5.3% a year ago [5] - U.S. comparable store sales for Sam's Club (without fuel impact) is also expected to be 4.0%, down from 7.0% last year [6] Store Metrics - The consensus estimate for the number of Sam's Club stores is 602, compared to 600 a year ago [7] - The number of international stores is projected to reach 5,628, up from 5,454 last year [8] - Analysts expect 'Net square footage - Walmart U.S.' to remain at 698 million square feet, unchanged from the previous year [8] Stock Performance - Over the past month, Walmart shares have decreased by 4.9%, while the Zacks S&P 500 composite has increased by 1.5% [10] - Walmart currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [10]
Unlocking Q3 Potential of Walmart (WMT): Exploring Wall Street Estimates for Key Metrics