From Nasdaq:

Walmart (NYSE: WMT) is set to report its fourth-quarter results with expected sales to increase by 5-5.5% for the full year 2024. The company’s total debt is $55.4 billion, with $12.2 billion in cash, facing challenges with slowing U.S. comparable sales growth. Analysts forecast its valuation at $163 per share, in line with the current market price.

Revenues for Q4 2024 are estimated to be around $160.1 billion, slightly above consensus, driven by 4.9% U.S. same-store sales growth. Trefis estimates Walmart’s fiscal 2024 revenues at $638 billion. Earnings per share for Q4 2024 is expected to be $1.51, slightly missing consensus estimates. Walmart’s valuation translates into a price of $163, approximately in line with the current market price.

Walmart’s peers should be taken into consideration along with its financial performance to understand how it is positioned against its competitors. Trefis estimates show that Walmart’s stock compares better to others in terms of total returns, with 146% increase from 2017-2024.



Read more: Up 7% Already This Year , Where Is Walmart Stock Headed Post Q4 Results?