Walmart Earnings Preview: Wall Street Expects 5% Upswing
The retail giant Walmart (WMT) is set to release its second-quarter earnings on Thursday, August 20. Analysts expect WMT to report $0.74 per share in earnings, a 5% increase from last year's $0.68. Revenues are projected at $186.62 billion, up from $177.4 billion in the same period last year.
Options market participants anticipate a 5.14% price fluctuation following the announcement. Historical volatility suggests significant post-earnings swings, with WMT shares declining 7.27% after its May report and surging 6.46% after November's disclosures.
Bearish sentiment is reflected in the put-to-call ratio among options traders, standing at 1.56x. This indicates a potential downside scenario of 4.28% if quarterly results fall short of expectations.