Wal-Mart Stores (WMT) Scheduled to Post Quarterly Earnings on Thursday
Wal-Mart Stores (NYSE:WMT) is set to issue its Q115 quarterly earnings data on Thursday, May 15th. Analysts expect the company to announce earnings of $1.15 per share and revenue of $116.29 billion for the quarter. Wal-Mart Stores has set its Q1 guidance at 1.10-1.20 EPS and its FY15 guidance at 5.10-5.45 EPS.
Wal-Mart Stores (NYSE:WMT) last issued its quarterly earnings data on Thursday, February 20th. The company reported $1.60 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.60. The company had revenue of $129.71 billion for the quarter, compared to the consensus estimate of $130.44 billion. On average, analysts expect Wal-Mart Stores to post $5.30 EPS for the current fiscal year and $5.76 EPS for the next fiscal year.
Shares of Wal-Mart Stores (NYSE:WMT) opened at 79.14 on Wednesday. Wal-Mart Stores has a 1-year low of $71.51 and a 1-year high of $81.37. The stock’s 50-day moving average is $77.83 and its 200-day moving average is $77.0. The company has a market cap of $255.6 billion and a P/E ratio of 16.22.
Several analysts have recently commented on the stock. Analysts at William Blair downgraded shares of Wal-Mart Stores from a “market perform” rating to an “underperform” rating in a research note on Tuesday, April 15th. On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of Wal-Mart Stores in a research note on Friday, April 4th. They now have a $81.00 price target on the stock. Finally, analysts at TheStreet reiterated a “buy” rating on shares of Wal-Mart Stores in a research note on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $81.45.
Wal-Mart Stores, Inc (NYSE:WMT) operates retail stores in various formats globally.
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