Walmart Inc. (NYSE:WMT) shares were volatile on Wednesday. The company is set to report its second-quarter earnings on Aug. 17.
What To Know: Walmart is expected to report earnings of $1.70 per share and revenue of $160.19 billion.
The company’s earnings report follows better-than-expected financial results from Target on Wednesday which could be a positive indication for the larger retail industry.
Target posted quarterly earnings of $1.80 per share which beat the analyst consensus estimate of $1.39, and quarterly sales of $24.77 billion which missed the analyst consensus estimate of $25.18 billion by 1.62 percent.
Walmart stock is up 12.34% year-to-date.
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WMT Price Action: Shares of WMT were up 0.16% at $159.43 at the time of publication, according to Benzinga Pro.
Image by Hands off my tags! Michael Gaida from Pixabay
