Walmart (NYSE:WMT) reported first quarter earnings that Beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.13 on revenue of $123.9B. Analysts polled by anticipated EPS of $1.02 on revenue of $125.15B. That compared to EPS of $1.14 on revenue of $122.7B in the same period a year earlier. The company had reported EPS of $1.41 on revenue of $138.8B in the previous quarter.
Walmart follows other major Services sector earnings this month
On April 25, Amazon.com reported first quarter EPS of $7.09 on revenue of $59.7B, compared to forecasts of EPS of $4.7 on revenue of $59.68B.
Alibaba earnings Beat analysts' expectations on Wednesday, with fourth quarter EPS of $8.57 on revenue of $93.5B. analysts expected EPS of $6.62 on revenue of $91.58B
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