Walmart will report first-quarter fiscal 2027 earnings on May 21 before the market opens. Wall Street projects revenue of approximately $174.8 billion. Consensus estimates project earnings per share at $0.66. These projections reflect over 6% year-over-year revenue growth.
The stock has rallied 21% year-to-date as of May 20. This report follows earnings from Target and Lowe's, where share prices fell despite beating estimates. Walmart’s performance serves as a bellwether for the broader consumer discretionary sector.
Investors focus on forward guidance to gauge the health of the U.S. consumer. The market seeks continued momentum in grocery and e-commerce sales to justify the stock's premium valuation.