Zacks.com has released a list of companies likely to issue earnings surprises, including Walmart and Amazon. Walmart’s shares have outperformed the market and Amazon. The company’s digital business growth has been a key factor driving its success. Walmart is expected to report $0.73 in EPS on $189.9 billion in revenues.

In the retail sector, Walmart’s performance has been strong, with a focus on essentials and a growing e-commerce business. The company’s strategic initiatives have led to market share gains among higher-income households. Walmart’s e-commerce business is now profitable and expected to contribute significantly to earnings in 2026 and beyond.

The Retail sector’s Q4 earnings season scorecard shows positive results, with total earnings up +6.3% and +11.6% higher revenues. However, the EPS beats percentages for online players and restaurant operators are tracking below historical averages. Amazon’s Q4 earnings were up +5.9% on +13.6% higher revenues, beating expectations.

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Read more at Nasdaq: Walmart and Amazon are part of Zacks Earnings Preview