Walmart's Q1 Earnings Beat Analyst Estimates Despite Cautious Guidance
Walmart reported Q1 revenue of $177.8B, an increase of 7.3%. However, shares fell 2.6% after the company's cautious guidance. Despite the drop, revenue growth was driven by 26% growth in e-commerce sales and reaffirmed 2027 guidance.
Walmart reported its Q1 2027 earnings, with revenue hitting $177.8 billion, a 7.3% increase. The company's growth was driven primarily by a 26% rise in e-commerce sales and an uptick in marketplace growth [WMT: Revenue up 7.3% to $177.8B, eCommerce up 26%, and FY27 outlook reaffirmed - TradingView].
Despite the strong revenue numbers, Walmart's shares fell 2.6% following the company's cautious guidance. Analysts note that concerns about consumer spending and high gas prices weighed on investor sentiment [Walmart shares drop as cautious outlook disappoints - Proactive financial news].
The company's reaffirmed 2027 guidance also provided investors with some reassurance, with EPS expected to range between $2.75 to $2.85, according to FactSet estimates, compared to $2.92 estimated by the market [WMT: Walmart Expects Fiscal 2027 Adjusted EPS Range $2.75 to $2.85, vs. FactSet Est of $2.92 - marketscreener.com].
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