Walmart 2020 Q1 Earnings

Q1 comp sales1 grew 10 0 and walmart u s.

Walmart 2020 q1 earnings. Q1 comp sales1 grew 10 0 and walmart u s. Walmart shares were marked 0 56 higher in early trading following the earnings release to change hands at 128 47 each a move that would extend the stock s year to date gain to around 10. Walmart s adjusted earnings came in at 1 18 per. Walmart earnings soar as e commerce sales jump shoppers flock to stores.

Per share earnings were a 4 4 more than 1 13 during q1 2020. Walmart wmt delivered earnings and revenue surprises of 7 27 and 0 50 respectively for the quarter ended april 2020. Adjusted eps2 of 1 18 company incurs incremental costs related to covid 19 of nearly 900 million provides update on the business amid global health pandemic. They reported a surge in revenue and ecommerce sales.

Walmart wmt q1 earnings sales top. Do the numbers hold clues to what lies ahead for the stock. Walmart earnings beat as investments fuel sales growth retailer in good position to hit 2019 goals published thu may 16 2019 6 09 am edt updated thu may 16 2019 12 06 pm edt lauren thomas. Each was hand picked by a zacks expert as the 1 favorite stock to gain 100 or more in 2020.

May 19 2020 earnings release walmart u s. Surpassed market expectations on earnings for the first quarter of 2020 but revenues missed the mark shares gained 1 7 in premarket hours on thursday. Adjusted eps2 of 1 18 company incurs incremental costs related to covid 19 of nearly 900 million provides update on the business amid global health pandemic. Walmart reported excellent earnings amid the coronavirus pandemic in q1 2020 in may 19 2020.

Total revenue rose 1 year over year to 123 9 billion but fell short of the consensus estimate of 125 billion. Published tue may 19 2020 6 10 am edt updated tue may 19 2020 10 18 pm edt. Read the full transcript of the call with ceo john furner doug mcmillon and more.