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Walmart Analysts Boost Their Forecasts After Upbeat Q3 Earnings

Walmart Analysts Boost Their Forecasts After Upbeat Q3 Earnings

Walmart Inc. (NYSE:WMT) posted better-than-expected third-quarter earnings on Thursday.The company reported third-quarter adjusted earnings per share of 62 cents, beating the Street view of 60 cents. Quarterly sales of $179.50 billion (+5.8% year over year) outpaced the analyst consensus estimate of $177.429 billion.Walmart raised its 2026 adjusted EPS outlook to $2.58–$2.63, up from its earlier range of $2.52–$2.62. The updated midpoint comes in above the $2.61 analyst consensus. Walmart lifted its fiscal 2026 constant-currency revenue growth outlook to 4.8%–5.1%, up from its prior range of 3.75%–4.75%.Walmart said it will move its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market on Dec. 9, 2025, while keeping the ticker "WMT."The company said the switch reflects its alignment with Nasdaq's technology-driven, innovation-focused platform. Walmart will also transfer the listing of nine outstanding bonds to Nasdaq as part of the move.Walmart shares fell 1.8% to $105.25 ...Full story available on Benzinga.com

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