To be determined if this will be enough to sustain the ~40x forward earnings multiple as we see zilch in terms of upside to profit estimates here for Walmart. Shares have pared initial losses and are now down only 1%. Here’s the full breakdown of Actuals vs Consensus for 2Q, 3Q, and the full year:
Keep reading with a 7-day free trial
Subscribe to Earnings Edge to keep reading this post and get 7 days of free access to the full post archives.