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Walmart Q1 Earnings Preview: Analyst Estimates, 'Everyday Low Price' Model Resonates With Households Across Income Levels

Benzinga ·  May 15 11:00

Retail giantWalmart Inc(NYSE:WMT) reports first-quarter financial results before market open Thursday, May 16, 2024.

Here are the earnings estimates from analysts, what analysts are saying and key items to watch.

Earnings Estimates:Analysts expect Walmart to report first-quarter revenue of $159.52 billion, according to data from Benzinga Pro.

The Bentonville, Arkansas-based company reported revenue of $152.3 billion in last year's first quarter. Walmart has beaten analysts' estimates in each of the last 10 quarters.

Analysts expect Walmart to report first-quarter earnings per share of 52 cents. The company reported earnings of 49 cents in last year's first quarter...

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