BUZZ-PREVIEW: Walmart seen posting higher Q4 rev, EPS; shares flat

Reuters
02-20
BUZZ-PREVIEW: Walmart seen posting higher Q4 rev, EPS; shares flat

** Shares of Walmart WMT.N are up virtually unchanged in afternoon trading on Wed, with investors likely to consider potential tariff risks when the retailer reports quarterly results before the bell on Thurs

** Analysts expect WMT to report rev of $180.01 bln vs $173.39 bln in the yr-ago period, while they expect adj earnings of 64c/shr vs 60c a yr ago, according to LSEG

** Investors will be listening for any comments from Walmart executives on President Trump's tariff plans, with Walmart shoppers likely seeing bargain prices as their top priority

** The co's report could also give new insight into the health of U.S. consumers as inflation worries continue

** The co has beaten or met analyst expectations for EPS in all of the last eight reporting periods, per LSEG

** Analyst recommendations on WMT include 40 "strong buy" or "buy" ratings, three "hold" ratings and no "sell" or "strong sell" ratings

** The media 12-mo price target is $110.00​; the stock was last at $103.78

** Earlier this week, Jefferies and Barclays raised their price targets on WMT

** WMT's stock is outperforming the broader mkt so far this year, with the stock up about 15% YTD compared with a nearly 5% gain in the Dow .DJI and a roughly 4.5% gain in the S&P 500 .SPX

(Reporting by Caroline Valetkevitch)

((caroline.valetkevitch@thomsonreuters.com))

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