Walmart Analysts Break Down Q3 Earnings: ‘Well-Positioned to Gain Market Share’

Walmart Analysts Break Down Q3 Earnings: ‘Well-Positioned to Gain Market Share’
An image of the sign for Walmart as photographed, in East Setauket, N.Y., on March 16, 2020. Bruce Bennett/Getty Images
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Walmart Inc. reported better-than-expected earnings on Tuesday and said it’s well-positioned for the holiday shopping season despite supply chain disruptions.

Walmart reported third-quarter adjusted earnings per share (EPS) of $1.45 on revenue of $140.53 billion. Both numbers topped consensus analyst estimates of $1.40 and $135.6 billion. Revenue was up 4 percent from a year ago.