Zacks.com has released a list of companies expected to issue earnings surprises, including Target, Amazon, Walmart, and Home Depot. Walmart’s shares have been strong performers this year, outpacing market indexes and peers. The company is set to report quarterly results on August 21st, with expectations for continued momentum. Walmart’s stock reflects its defensive orientation and focus on essential goods. The company’s e-commerce business is profitable and expected to continue growing. Walmart is projected to report $0.73 EPS on $175.51 billion in revenues, with stable estimates. Same-store sales are expected to show positive results, with a focus on maintaining a price advantage over rivals. Target, on the other hand, is expected to report a decline in same-store sales. Retail sector earnings for Q2 are up +20.5% on +8.7% higher revenues, with strong performance from online players and restaurant operators. The Q2 earnings season continues this week with more companies, including Palo Alto Networks and Estee Lauder, reporting results. Through August 15th, 92.4% of S&P 500 members have reported Q2 results, showing an increase in earnings and revenue beats percentages compared to historical averages. Earnings are expected to be up +12.1% for the quarter. Walmart, Target, Home Depot, and Lowe’s are among the companies reporting this week. For more information on the evolving earnings picture, visit Zacks’ Earnings Trends report.

Read more at Zacks Investment Research: Target, Amazon, Walmart and Home Depot are part of Zacks Earnings Preview – August 18, 2025