Stock Market News – Walmart releases quarterly earnings as it attempts to challenge Amazon’s e-dominance
Posted on August 14, 2018 at 12:42 pm GMTWalmart’s earnings report for its fiscal second quarter will be hitting the markets before Thursday’s US market open. The consensus recommendation for the company is “buy”, which matches the average consensus recommendation for the Food Retail & Distribution peer group. The retail giant’s earnings per share (EPS) for the quarter ending in July are anticipated to stand at $1.22, according to Thomson Reuters consensus estimates; a figure which has remained unchanged over the past four weeks. If the firm’s bottom line matches [..]