Investing.com – Walmart (NYSE:) reported on Tuesday second quarter that beat analysts’ forecasts and revenue that topped expectations.
Walmart announced earnings per share of $1.56 on revenue of $137.7B. Analysts polled by Investing.com anticipated EPS of $1.25 on revenue of $135.29B.
Walmart shares are up 14% from the beginning of the year, still down 0.37% from its 52 week high of $136.11 set on August 17. They are outperforming the which is up 4.68% from the start of the year.
Walmart follows other major Services sector earnings this month
Walmart’s report follows an earnings beat by Amazon.com on July 30, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Visa A had beat expectations on July 28 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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