Walmart Inc. (NYSE:WMT) will release earnings for its first quarter before the opening bell on Thursday, May 21.
Analysts expect the company to report quarterly earnings of 66 cents per share, up from 61 cents per share in the year-ago period. The consensus estimate for Walmart’s quarterly revenue is $174.8 billion. It reported $163.98 billion last year, according to Benzinga Pro.
Ahead of quarterly earnings, on May 15, Piper Sandler analyst Peter Keith maintained Walmart at Overweight and raised the price target from $130 to $137.
With the recent buzz around Walmart, some investors may be eyeing potential gains from the company’s dividends too. As of now, Walmart has an annual dividend yield of 0.74%, which is a quarterly dividend amount of 24.75 cents per share (99 cents a year).
To figure out how to earn $500 monthly from Walmart, we start with the yearly …
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