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Walmart earnings preview: analyst says WMT's premium multiple is justified
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Walmart earnings preview: analyst says WMT's premium multiple is justified
Bentonville-headquartered Walmart Inc (WMT) is in focus as the retail titan prepares to release its first-quarter (Q1) earnings on May 14th – before the opening bell.Consensus is for WMT to earn $0.65 a share (adjusted) on about $172.5 billion in revenue, which represents a meaningful top- and bottom-line growth from $0.61 per share and $165.5 billion last year.Heading into the quarterly print, Walmart stock is up some 15% versus the start of th…
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