Wal-Mart (NYSE: WMT ) is expected to report Q3 earnings on Nov. 15. 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 4.1% and EPS will grow 10.3%.
The average estimate for revenue is $114.01 billion. On the bottom line, the average EPS estimate is $1.07.
Last quarter, Wal-Mart reported revenue of $113.53 billion. GAAP reported sales were 4.5% higher than the prior-year quarter's $109.37 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 $1.18. GAAP EPS of $1.18 for Q2 were 8.3% higher than the prior-year quarter's $1.09 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 25.1%, 10 basis points worse than the prior-year quarter. Operating margin was 5.9%, 10 basis points better than the prior-year quarter. Net margin was 3.5%, about the same as the prior-year quarter.
The full year's average estimate for revenue is $468.93 billion. The average EPS estimate is $4.93.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 6,258 members out of 7,039 rating the stock outperform, and 781 members rating it underperform. Among 1,693 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,564 give Wal-Mart a green thumbs-up, and 129 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 $67.64.
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