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%.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/11/Walmart-Q3-2024-Earnings-Infographic-628x1024.jpg)
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
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/08/Walmart-Q2-2024-Earnings-Infographic-627x1024.jpg)
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