Walmart Analysts Break Down Q1 Beat: 'Impressive Results Against Tough Comparisons'


Walmart Inc reported a big first-quarter earnings beat driven by online and grocery sales growth.

Telsey Advisory Group analyst Joseph Feldman said Walmart’s guidance was also impressive. “For 2021, Walmart now forecasts EPS growth of HSD, up from the prior outlook for a slight decline, vs. $5.48 in 2020, with an unchanged Walmart US and Sam’s Club, exfuel, comp of LSD, which may prove conservative,” Feldman wrote.

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