Investing.com - Walmart (NYSE:WMT) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.27 on revenue of $130.4B. Analysts polled by Investing.com anticipated EPS of $1.22 on revenue of $130.18B. That compared to EPS of $1.29 on revenue of $128.03B in the same period a year earlier. The company had reported EPS of $1.13 on revenue of $123.9B in the previous quarter.
For the year, Walmart shares are up 14.03%, outperforming the S&P Global (NYSE:SPGI) 100 which is up 11.17% year to date.
Walmart follows other major Services sector earnings this month
On Thursday, July 25, 2019, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.
Visa A earnings beat analyst's expectations on Tuesday, July 23, 2019, with third quarter EPS of $1.37 on revenue of $5.84B. Investing.com analysts expected EPS of $1.32 on revenue of $5.7B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar