Categories AlphaGraphs, Earnings, Retail
WMT Earnings: Walmart Q3 profit, revenue top expectations; US comps up 9.2%
Walmart Inc. (NYSE: WMT) on Tuesday reported impressive earnings and revenue growth for the third quarter of 2022. The numbers also came in above the consensus estimates, sending the retail giant’s stock higher in the pre-market session soon after the announcement.
Third-quarter earnings, excluding special items, rose to $1.45 per share from $1.34 per share in the corresponding period of 2021. It was also above experts’ projection. Unadjusted net income was $3.1 billion or $1.11 per share, compared to $5.14 billion or $1.80 per share a year earlier.
At $140.5 billion, total revenues were up 4.3% year-over-year during the three-month period, which is above the estimates. U.S comparable store sales increased 9.2%.
Read management/analysts comments on Walmart’s Q3 results
Walmart’s stock gained Tuesday morning immediately after the earnings announcement, after closing the previous session lower.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
