From Financial Modeling Prep: 2024-11-20 09:08:00

Walmart’s shares rose 3% after reporting Q3 results exceeding expectations. Adjusted EPS was $0.58, beating estimates of $0.53. Revenue reached $169.6 billion, surpassing analyst forecasts of $167.67 billion. US comparable sales grew 5.5%, higher than the 3.8% estimate, with US store sales up 5.3% and Sam’s Club up 7%.

Walmart raised its fiscal 2025 EPS guidance to $2.42-$2.47 from $2.35-$2.43, in line with the $2.45 consensus. Net sales growth is expected to be 4.8%-5.1%, and adjusted operating income growth, excluding currency effects, is projected to be 8.5%-9.25%. The company highlighted robust growth across fulfillment channels and strong performance in core markets.



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