Retail giantWalmart Inc(NYSE:WMT) could provide analysts and investors a better picture of how inflation impacts consumer spending and shopping habits when it reports second-quarter financial results before the market opens on Thursday.
Earnings Estimates:Analysts expect Walmart to report second-quarter revenue of $168.57 billion, according to data from Benzinga Pro.
The company reported revenue of $161.63 billion in last year's second quarter. Walmart has beaten analysts' revenue estimates in 17 straight quarters.
Analysts expect Walmart to report second-quarter earnings per share of 64 cents, compared to 61 cents per share reported in last year's second quarter. Walmart...