Investing.com - Walmart (NYSE:WMT) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Walmart announced earnings per share of $1.53 on revenue of $152.87B. Analysts polled by Investing.com anticipated EPS of $1.49 on revenue of $151.74B.
Walmart shares are down 7% from the beginning of the year and are trading at $133.53 , down-from-52-week-high.They are under-performing the S&P 500 which is down 6.11% from the start of the year.
Walmart follows other major Consumer Staples sector earnings this month
Walmart's report follows an earnings beat by Procter&Gamble on Wednesday, January 19, 2022, who reported EPS of $1.66 on revenue of $20.95B, compared to forecasts EPS of $1.65 on revenue of $20.33B.
Coca-Cola had beat expectations on Thursday, February 10, 2022 with fourth quarter EPS of $0.45 on revenue of $9.47B, compared to forecast for EPS of $0.4118 on revenue of $8.99B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar