Walmart (WMT) Expected to Announce Quarterly Earnings on Thursday

Walmart (NYSE:WMT) is expected to release its Q3 2026 results before the market opens on Thursday, November 20th. Analysts expect Walmart to post earnings of $0.60 per share and revenue of $175.1529 billion for the quarter. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS.Parties can find conference call details on the company’s upcoming Q3 2026 earningreport page for the latest details on the call scheduled for Thursday, November 20, 2025 at 8:00 AM ET.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the prior year, the business posted $0.67 EPS. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. On average, analysts expect Walmart to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Walmart Stock Up 0.0%

Walmart stock opened at $103.47 on Thursday. Walmart has a twelve month low of $79.81 and a twelve month high of $109.57. The company’s 50-day moving average price is $103.33 and its two-hundred day moving average price is $99.63. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The stock has a market cap of $824.92 billion, a P/E ratio of 38.90, a P/E/G ratio of 4.83 and a beta of 0.67.

Insiders Place Their Bets

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the transaction, the executive vice president directly owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. The trade was a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total value of $1,293,468.75. Following the sale, the executive vice president directly owned 919,189 shares of the company’s stock, valued at $90,586,075.95. This represents a 1.41% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 151,038 shares of company stock valued at $15,531,616. Insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of WMT. Caxton Associates LLP purchased a new position in Walmart during the 2nd quarter worth $674,000. Evergreen Capital Management LLC lifted its position in shares of Walmart by 9.7% during the second quarter. Evergreen Capital Management LLC now owns 49,770 shares of the retailer’s stock valued at $4,867,000 after purchasing an additional 4,400 shares in the last quarter. Strategic Investment Advisors MI lifted its position in shares of Walmart by 2.6% during the second quarter. Strategic Investment Advisors MI now owns 13,567 shares of the retailer’s stock valued at $1,327,000 after purchasing an additional 348 shares in the last quarter. High Falls Advisors Inc boosted its holdings in Walmart by 39.2% during the second quarter. High Falls Advisors Inc now owns 7,118 shares of the retailer’s stock worth $696,000 after purchasing an additional 2,006 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its position in Walmart by 16.0% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 409,060 shares of the retailer’s stock worth $40,079,000 after purchasing an additional 56,374 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

WMT has been the topic of a number of research reports. Guggenheim reaffirmed a “buy” rating and issued a $115.00 price objective (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Telsey Advisory Group restated an “outperform” rating and set a $118.00 target price on shares of Walmart in a research note on Wednesday, September 24th. DA Davidson set a $117.00 target price on shares of Walmart in a report on Wednesday, October 15th. Bank of America raised their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Finally, Truist Financial reduced their target price on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Thirty-two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average price target of $113.50.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.