Walmart revenue growth of 7.6%; operating income growing faster at 17.3%; eCommerce up 26% globally; Q1 FY24 GAAP EPS of $0.62; Adjusted EPS of $1.47; Company guides Q2 and raises FY24 outlook

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Go back to Walmart revenue growth of 7.6%; operating income growing faster at 17.3%; eCommerce up 26% globally; Q1 FY24 GAAP EPS of $0.62; Adjusted EPS of $1.47; Company guides Q2 and raises FY24 outlook

Citi Positive on Walmart (WMT)

May 18, 2023 8:14 AM EDT

Citi analyst Paul Lejuez reiterated a Buy rating and $169.00 price target on Walmart (NYSE: WMT)

The analyst comments "The strong beat and raise should drive the stock higher."

For an analyst ratings summary and ratings history on Walmart... More

Walmart (WMT) Tops Q1 EPS by 17c, Updates Guidance

May 18, 2023 7:02 AM EDT

Walmart (NYSE: WMT) reported Q1 EPS of $1.47, $0.17 better than the analyst estimate of $1.30. Revenue for the quarter came in at $152.3 billion versus the consensus estimate of $148.5 billion.

GUIDANCE:

Walmart sees FY2024 EPS of $6.10-$6.20, versus the consensus of $6.14.

Consolidated net... More