Company Earnings UpdateWalmart (WMT) 3Q19 Results: Beats on Comps and EPS, Misses on Revenues; Raises EPS Guidance Coresight Research November 16, 2018 Executive Summary Walmart reported 3Q19 adjusted EPS of $1.08, up 8.0% from $1.00 in the year-ago quarter and beating the $1.01 consensus estimate. Total revenues were $124.9 billion, up 1.4% year over year but below the consensus estimate of $125.4 billion. US comp sales increased by 3.4%, ahead of the 3.1% consensus estimate, on a 1.2% increase in traffic and a 2.2% increase in ticket. E-commerce growth accelerated to 43%. Walmart raised 2019 adjusted EPS guidance to $4.75–$4.85 from $4.65–$4.80 and raised comp guidance to at least 3% from “about 3%.” Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: CEO Brief: Tech for Tariffs—Four Technologies (and Services) That Can Raise Revenues and Margins Now to Offset Tariff PainThree Data Points We’re Watching This Week, Week 13: Dollar Tree, Inc. To Sell Family DollarInnovator Profile: Lica World—Delivering Compelling AI-Created Video to Maximize ROASUS CPG Sales Tracker: Jump in Food Sales Fuels Total CPG Growth
