Walmart Heads into Q2 Earnings with Revenue Growth Expectations

Walmart (NASDAQ:WMT) is set to release its Q2 earnings report on Thursday before market open. The retail giant beat analysts' revenue expectations last quarter, reporting revenues of $177.8 billion, a 7.3% year-on-year increase.

This time around, the market anticipates Walmart's revenue growth to be 5.3% year-on-year, similar to the 4.8% increase it recorded in Q2 last year.

Analysts covering the company have generally reaffirmed their estimates over the last 30 days, suggesting they expect the business to maintain its pace heading into earnings.