Wal-Mart Stores Earnings Preview: Can This Streak Continue?
Wal-Mart Stores (NYSE:WMT) will report earnings before markets open on Thursday, May 16th. Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company’s discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart’s markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally.
Here is your Cheat Sheet to Wal-mart Stores Earnings:
Earnings Expectations: Analysts expect earnings of $1.15 per share on revenues of $116.42 billion. Currently, the company’s P/E ratio stands at 15.62.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $1.29 and has not changed. For the current year, the average estimate is a profit of $5.35, which is worse than the estimate ninety days ago.
Here’s how Wal-mart Stores has been performing on an annual basis:
|Revenue ($) in millions||404,370||408,080||421,850||446,950||469,160|
|Diluted EPS ($)||3.39||3.71||4.47||4.52||5.02|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jan. 31, 2012||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||123,170||113,020||114,300||113,930||127,920|
|Diluted EPS ($)||1.503||1.09||1.18||1.08||1.670|
Wal-mart Stores has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)