Walmart Inc reports results for the quarter ended January 31 - Earnings Summary

• Walmart Inc WMT.N reported quarterly adjusted earnings of 66 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of thirty two analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 62 cents to 69 cents per share.

• Revenue rose 4.1% to $180.55 billion from a year ago; analysts expected $180.01 billion.

• Walmart Inc's reported EPS for the quarter was 65 cents​.

• The company reported quarterly net income of $5.25 billion.

• Walmart Inc shares had risen by 15.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 40 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the food retail & distribution peer group is also "buy"

Wall Street's median 12-month price target for Walmart Inc is $110.00

This summary was machine generated from LSEG data February 20 at 01:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)