Arkansas-based Walmart Inc. (WMT) is a retail company. It operates a chain of hypermarkets, discount department stores, and grocery stores. With a market cap of $561.3 billion, Walmart operates through Walmart U.S., Walmart International, and Sam's Club segments. The retail giant is expected to announce its Q2 earnings before the market opens on Thursday, August 15.
Ahead of the event, analysts expect Walmart to report a profit of $0.65 per share, up 6.6% from $0.61 per share reported in the year-ago quarter. The company has consistently surpassed or met Wall Street’s EPS projection in each of the past four quarters. Its EPS for the last reported quarter grew 22.5% to $0.60 and exceeded the consensus estimates by 15.4%.
