Walmart stock is trading higher, up 1.7% at $115.01, driven by improving investor sentiment regarding the retailer's earnings trajectory and a supportive macro environment rather than a distinct company-specific catalyst.
- A recent Zacks analysis highlights the consensus EPS estimate for the current quarter is $0.72, implying 9.1% year-over-year growth.
- Full-year EPS is expected to rise 4.8%, with the next fiscal year projected to see significant growth of 12.1%.
- Based on stable to slightly higher earnings revision trends, Zacks maintains a Rank #3 (Hold) rating on Walmart.