Walmart Inc. (WMT)

$ 88.39
   
  • Change Today:
    $1.21
  • 52 Week High: $175.86
  • 52 Week Low: $58.61
  • Currency: US Dollars
  • Shares Issued: 8,077m
  • Volume: 18,634,744
  • Market Cap: $713,926m
  • RiskGrade: 117
  • Beta: 0.46

Walmart hikes FY guidance, Q3 earnings beat expectations

By Iain Gilbert

Date: Tuesday 19 Nov 2024

LONDON (ShareCast) - (Sharecast News) - Retailer Walmart hiked its full-year guidance on Tuesday after Q3 earnings and revenue came in ahead of expectations.
Walmart now expects net sales to grow between 4.8% and 5.1% in FY24, up from previous forecasts of between 3.75% and 4.75%.

As far as Q3 was concerned, the Arkansas-based firm said net income increased to $4.58bn, up from $453.0m at the same time a year earlier, while revenue rose from $160.8bn to $169.59bn.

Same-store sales jumped 5.3% at Walmart, while US e-commerce sales surged 22%.

As of 1455 GMT, Walmart shares were up 3.09% at $87.14 each.







Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

WalMart Market Data

Currency US Dollars
Share Price $ 88.39
Change Today $ 1.21
% Change 1.39 %
52 Week High $175.86
52 Week Low $58.61
Volume 18,634,744
Shares Issued 8,077m
Market Cap $713,926m
Beta 0.46
RiskGrade 117

What The Brokers Say

Strong Buy 13
Buy 21
Neutral 4
Sell 0
Strong Sell 0
Total 38
buy
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Trades for 21-Nov-2024

Time Volume / Share Price
16:00 2,332,913 @ $88.39
15:59 3,159 @ $88.37
15:59 100 @ $88.38
15:59 100 @ $88.38
15:59 100 @ $88.38

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