Walmart Set to Release Q2 Earnings Report Amid Expectations of Continued Growth

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

For this quarter, the market is expecting Walmart's revenue to grow 5.3% year on year, in line with the 4.8% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings.