Walmart Beats On Revenue And EPS As E-Commerce Sales Soar

Walmart has announced its first-quarter 2021 earnings—and there’s some good news for investors. The company handily beat Wall Street’s revenue and earnings per share (EPS) consensus estimates, reports Yahoo Finance. Analysts had been expecting $131.97 billion in Q1 revenue, but Walmart took in $6.34 billion above those estimates. As for EPS, analysts expected $1.22 per share, while Walmart actually generated $1.69 per share. Read more at Fast Company.

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