WMT: What The Earning Report Can Tell Us?

Longacres_Finance
02-21

$Wal-Mart(WMT)$ beat on bottom top and bottom line today with their Q4 earnings.

The company also raised its dividend 13% to $0.235 per quarter.

However, weak guidance has the stock down more than 6% in early trading.

Walmart's Q4 Earnings and Stock Performance
Walmart Inc. was the Dow Jones Industrial Average's worst performer on Thursday, after the big-box retail chain forecast its first year-over-year drop in quarterly profit in three years. However, Wall Street analysts are not overly concerned with the guidance, as Walmart has a track record of beating expectations. Walmart's stock dropped 6.5% on Thursday but has seen significant growth over the past year. The company's core business remains strong, and it is well positioned to navigate uncertainties in the economy. Analysts maintain a positive outlook on Walmart's stock and its potential for growth in the retail market and digital advertising segment.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment