Zacks Earnings Trends Highlights: Walmart, Amazon and Target
From Nasdaq: 2025-02-20 05:00:00
Total earnings for the 403 S&P 500 companies are up +12.0% from last year on +5.5% higher revenues, with 77.9% beating EPS estimates and 65.8% beating revenue estimates. In the Retail sector, total earnings are up +45.9% on +8.5% higher revenues, with 66.7% beating EPS estimates and 72.2% beating revenue estimates.
Walmart’s stock is up +15.4% this year, outperforming Amazon and Target. The company’s strong performance is driven by its e-commerce unit, offering convenient delivery options and gaining market share. Target, with more focus on discretionary goods, faces challenges in the post-Covid period.
The Tech sector’s earnings are expected to grow by +24.2% in Q4, continuing a trend of double-digit growth. However, recent data shows a shift in the sector’s earnings outlook, with estimates for Q1 2025 coming down. Revisions are broad-based, with most sectors seeing cuts in estimates.
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