Walmart (NYSE:WMT) reported its Q1 earnings results on Tuesday, May 17, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Walmart missed estimated earnings by 12.16%, reporting an EPS of $1.3 versus an estimate of $1.48.
Revenue was up $3.26 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 0.64% drop in the share price the next day.
Here's a look at Walmart's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.50 | 1.40 | 1.56 | 1.21 |
| EPS Actual | 1.53 | 1.45 | 1.78 | 1.69 |
| Revenue Estimate | 151.54B | 135.60B | 136.88B | 131.95B |
| Revenue Actual | 152.87B | 140.53B | 141.05B | 138.31B |
To track all earnings releases for Walmart visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
