Walmart Earnings Preview: Analysts Expect EPS Decline of 28%

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Investing.com – Walmart (NYSE:WMT) is expected to post a decline of 28% in earnings per share when it reports results before market open on Thursday.

America’s largest retailer is expected to show quarterly earnings of $1.02 per share in its upcoming report as compared with $1.41 in the previous quarter.

Revenues are expected to be $125.15 billion, down 10% from the year-ago quarter.

Share performance

Shares of Walmart are up 18.2% over the past 12 months, compared with the S&P’s advance of 5.5% as of the close on Wednesday.