4 Walmart Analysts Raise Price Targets After Q2 Earnings Beat: ‘Leader and Market Share Gainer’

4 Walmart Analysts Raise Price Targets After Q2 Earnings Beat: ‘Leader and Market Share Gainer’
A sign is posted in front of a Walmart store in American Canyon, Calif., on Nov. 16, 2021. Justin Sullivan/Getty Images
|Updated:

Walmart Inc. reported impressive second-quarter earnings growth and reiterated its full-year guidance.

On Tuesday, Walmart reported second-quarter adjusted EPS of $1.77 on revenue of $152.8 billion. Both numbers exceeded consensus analyst estimates of $1.62 and $150.8 billion, respectively. Revenue was up 8 percent from a year ago.