Investing.com - Walmart (NYSE:WMT) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Walmart announced earnings per share of $1.56 on revenue of $137.7B. Analysts polled by Investing.com anticipated EPS of $1.25 on revenue of $135.29B.
Walmart shares are up 14% from the beginning of the year and are trading at $135.60 , down-from-52-week-high.They are outperforming the S&P 500 which is up 4.68% from the start of the year.
Walmart follows other major Services sector earnings this month
Walmart's report follows an earnings beat by Amazon.com on Thursday, July 30, 2020, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Visa A had beat expectations on Tuesday, July 28, 2020 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar