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Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart Inc. is scheduled to release earnings figures on May 17.
Bing Guan | Bloomberg | Getty Images
Walmart on Tuesday will report its fiscal third-quarter earnings before the bell, as the retail giant caters to inflation-squeezed customers and gears up for the peak of holiday season.
Here’s what Wall Street is expecting for the quarter, according to Refinitiv consensus estimates:
- Earnings per share: $1.32 expected
- Revenue: $147.75 billion expected
Walmart and its competitors are navigating a more challenging backdrop than during the previous two years. Inflation is near four-decade highs. Excess…
Source cnbc.com
