What Walmart earnings could tell us about consumer spending

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Walmart News

Earnings Per Share,Josh Lipton,Earnings This Week

As Walmart (WMT) is set to report its first quarter earnings this week, Yahoo Finance's Josh Lipton joins Wealth! to discuss what investors should look out...

Wall Street is looking for earnings per share of $0.52 on revenue of $159.4 billion. Lipton explains that Walmart is the world's largest retailer, making it"a true bellwether for consumers." Analysts often look to the company's earnings to indicate overall consumer spending patterns.

A gauge on how they are feeling and spending heading into this report, that stock is up about 15% this year.I checked in with one of those analysts, Cfras Arun Sundaram and asked him what he's gonna focus on in this report for one.Now, that would actually be a slight deceleration from the last time Walmart reported financial results, Walmart shoppers have been feeling generally more cautious.

Arun expects Walmart to raise its annual guidance, but if they do not, he says investors might view that negatively mad.In this article, we will take a look at the 15 fastest-growing cities in Canada. If you want to skip our discussion on the country’s population trends, you can go directly to the 5 Fastest-Growing Cities in Canada. Canada ranks as the world’s second-largest country by land area, following Russia.

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