Categories AlphaGraphs, Consumer, Earnings
Earnings: Walmart (WMT) Q4 results beat estimates; revenues up 5.7%
Retail giant Walmart Inc. (NYSE: WMT) on Tuesday reported higher adjusted earnings and revenue for the fourth quarter of 2024. The numbers also came in above the consensus estimates.
Fourth-quarter earnings, excluding special items, increased to $1.80 per share from $1.71 per share in the corresponding period of 2023. Earnings topped experts’ projections. On an unadjusted basis, the company reported a net profit of $5.49 billion or $2.03 per share, compared to $6.28 billion or $2.32 per share a year earlier.
At $173.4 billion, total revenues were up 5.7% year-over-year during the three months. The top line also exceeded analysts’ estimates. US comparable store sales increased by 3.7%.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was
