© Reuters. Walmart Earnings Miss, Revenue Beats In Q1
Investing.com – Walmart (NYSE:) reported on Tuesday first quarter that missed analysts’ forecasts and revenue that topped expectations.
Walmart announced earnings per share of $1.3 on revenue of $141.57B. Analysts polled by Investing.com anticipated EPS of $1.47 on revenue of $138.83B.
Walmart shares are up 2% from the beginning of the year, still down 7.81% from its 52 week high of $160.77 set on April 21. They are outperforming the S&P Global 100 which is down 13.64% from the start of the year.
Walmart follows other major Consumer Staples sector earnings this month
Walmart’s report follows an earnings beat by Procter&Gamble on April 20, who reported EPS of $1.33 on revenue of $19.38B, compared to forecasts EPS of $1.29 on revenue of $18.71B.
Coca-Cola had beat expectations on April 25 with first quarter EPS of $0.64 on revenue of $10.49B, compared to forecast for EPS of $0.5794 on revenue of $9.83B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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