Categories AlphaGraphs, Earnings, Retail
WMT Earnings: All you need to know about Walmart’s Q3 2024 earnings results
Walmart Inc. (NYSE: WMT) reported third quarter 2024 earnings results today.
Consolidated revenue increased 5.2% year-over-year to $160.8 billion. Revenue grew 4.3% in constant currency. Comparable sales grew 4.7%.
Consolidated net income attributable to Walmart was $453 million, or $0.17 per share, compared to a loss of $1.8 billion, or $0.66 per share, last year. Adjusted EPS was $1.53.
For fiscal year 2024, the company expects consolidated net sales to increase approx. 5.0-5.5% in constant currency. Adjusted EPS is expected to range between $6.40-6.48.
Revenue and earnings beat estimates but the guidance fell short of expectations causing the stock to fall 7% in premarket hours on Thursday.
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