Walmart Inc. (WMT) will announce its fiscal 2024 first-quarter earnings on May 16. Forecasts indicate a 4.7% year-over-year revenue surge to $158.14 billion, reflecting steady growth and financial resilience. Moreover, analysts expect a 7.1% uptick in the company’s EPS from the preceding year’s period to $0.52.
Walmart has consistently exceeded revenue estimates in each of the trailing four quarters, including the fourth quarter. Its revenues increased 6% annually to $173.4 billion (and reached $648.13 billion for the entire year). Sales grew across all three operating segments: Walmart US; Walmart International; and Sam’s Club.
.jpg?w=600)
