Walmart (NYSE:WMT) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Walmart announced earnings per share of $1.18 on revenue of $134.6B. Analysts polled by anticipated EPS of $1.14 on revenue of $130.89B. That with comparison to EPS of $1.13 on revenue of $123.9B in the same period a year before. Walmart had reported EPS of $1.38 on revenue of $141.67B in the previous quarter. Analysts are expecting EPS of $1.28 and revenue of $134.25B in the upcoming quarter.
Walmart shares are up 7% from the beginning of the year , still down 4.29% from its 52 week high of $133.38 set on April 20. They are outperforming the S&P Global (NYSE:SPGI) 100 which is down 8.14% year to date.
Walmart follows other major Services sector earnings this month
Walmart's report follows an earnings missed by Amazon.com on April 30, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.
Visa A had beat expectations on April 30 with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.34 on revenue of $5.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar
