Company delivers strong revenue growth of 8.7% with strength across segments; Q3 FY23 GAAP EPS of ($0.66); Adjusted EPS of $1.50; Company raises full-year outlook on strong results for Q3

Go back to Company delivers strong revenue growth of 8.7% with strength across segments; Q3 FY23 GAAP EPS of ($0.66); Adjusted EPS of $1.50; Company raises full-year outlook on strong results for Q3

Walmart (WMT) PT Raised to $157 at Stifel

November 15, 2022 5:16 PM EST

Stifel analyst Mark Astrachan raised the price target on Walmart (NYSE: WMT) to $157.00 (from $149.00) while maintaining a Hold rating following strong earnings.

The analyst commented, "We lift F2023-F2024 EPS estimates for better-than-expected F3Q results, with U.S. comp sales and... More

Amazon (AMZN), Target (TGT) Trade Higher in Sympathy with Walmart (WMT)

November 15, 2022 7:22 AM EST

Amazon (NASDAQ: AMZN), Target (NYSE: TGT) Trade Higher in Sympathy with Walmart (NYSE: WMT)

WMT +7% Following ResultsAMZN +3%TGT +3.3%
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Walmart (WMT) Approves $20B Buyback Plan

November 15, 2022 7:14 AM EST

Walmart (NYSE: WMT) announced:

Subsequent to the third quarter the Company approved a new $20 billion share repurchase authorization replacing its existing authorization, which had approximately $1.9 billion remaining at the end of Q3.

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Walmart (WMT) Tops Q3 EPS by 18c, Offers Guidance

November 15, 2022 7:09 AM EST

(Updated - November 15, 2022 7:12 AM EST)

Walmart (NYSE: WMT) reported Q3 EPS of $1.50, $0.18 better than the analyst estimate of $1.32. Revenue for the quarter came in at $152.8 billion versus the consensus estimate of $147.55 billion.

Walmart U.S. grew comp sales 8.2%, with unit growth in food,... More