Wal-Mart (NYSE: WMT ) is expected to report Q2 earnings on Aug. 16. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Wal-Mart's revenues will grow 5.5% and EPS will improve 7.3%.
The average estimate for revenue is $114.62 billion. On the bottom line, the average EPS estimate is $1.17.
Last quarter, Wal-Mart logged revenue of $112.27 billion. GAAP reported sales were 8.5% higher than the prior-year quarter's $104.19 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.09. GAAP EPS of $1.09 for Q1 were 12% higher than the prior-year quarter's $0.97 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 24.6%, 40 basis points worse than the prior-year quarter. Operating margin was 5.7%, about the same as the prior-year quarter. Net margin was 3.3%, about the same as the prior-year quarter.
The full year's average estimate for revenue is $471.41 billion. The average EPS estimate is $4.92.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 6,253 members out of 7,039 rating the stock outperform, and 786 members rating it underperform. Among 1,649 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,515 give Wal-Mart a green thumbs-up, and 134 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Wal-Mart is outperform, with an average price target of $63.40.
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