Walmart Earnings, Revenue Beat in Q3 By Investing.com


© Reuters. Walmart Earnings, Revenue Beat in Q3

Investing.com – Walmart (NYSE:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that topped expectations.

Walmart announced earnings per share of $1.50 on revenue of $152.8B. Analysts polled by Investing.com anticipated EPS of $1.32 on revenue of $147.55B.

Walmart shares are down 4% from the beginning of the year, still down 13.92% from its 52 week high of $160.77 set on April 21.

Walmart follows other major Consumer Staples sector earnings this month

Walmart’s report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.61B, compared to forecasts EPS of $1.55 on revenue of $20.37B.

Coca-Cola had beat expectations on October 25 with third quarter EPS of $0.69 on revenue of $11.06B, compared to forecast for EPS of $0.6369 on revenue of $10.52B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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