Earnings Preview: What To Expect From Walmart On Thursday - Forbes

Fort Lauderdale, FL, 5/15/2019: Woman is entering a Walmart store.

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Walmart Inc. is scheduled to release earnings before Thursday's open. Walmart just hit a record high of $115.49/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting:

Gallery: Walmart Goes Small

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Earnings Preview:

Walmart is expected to report earnings of $1.21/share on $130.49 billion in revenue. Meanwhile, the so-called Whisper number is $1.25. The Whisper number is the Street's unofficial view on earnings.

Company Profile:

Here is a brief company profile courtesy of Thomson Reuters Eikon:

Walmart Stores, Inc., incorporated on October 31, 1969, is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam's Club. The Walmart U.S. segment includes the Company's mass merchant concept in the United States operating under the Walmart or Walmart brands, as well as digital retail. The Walmart International segment consists of the Company's operations outside of the United States, including various retail Websites. The Sam's Club segment includes the warehouse membership clubs in the United States, as well as samsclub.com.

Competition:

The Company competes with every retailer in the world including, but not limited to, Amazon, Costco Wholesale, Macy's, Target, BJ's Wholesale Club, just to name a few.

Pay Attention To How The Stock Reacts To The News:

From where I sit, the most important trait I look for during earnings season is how the market and a specific company reacts to the news. Remember, always keep your losses small and never argue with the tape.

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