Walmart is expected to report Q4 consensus revenue of $179.31 billion and adjusted EPS of $0.73, while the stock currently trades at $97.12 against a consensus price target of $104.45.
Investors are primarily focused on the growth trajectory of Walmart Connect, the company's high-margin advertising business, as it becomes a critical driver of operating income expansion.
Recent performance has been bolstered by significant market share gains among high-income households and a robust holiday season that likely drove double-digit e-commerce growth. Analysts are also looking for guidance regarding 2027 capital expenditures and the impact of continued deflationary trends in general merchandise categories.