. Walmart posted a loss of $2.09 billion, or 74 cents per share, from earnings of $4.14 billion, or $1.45 share, a year earlier. Its adjusted earnings came to $1.39 per share, missing analysts estimates per Refinitiv. Walmart also warned that it expects sales to moderate this year.— Shares of the network technology company slumped 14% after issuing weaker-than-expected earnings guidance for the year ahead.
— The hotel stock slid more than 1% after a big earnings miss. Hyatt posted a quarterly loss of $1.77 per share, worse than a FactSet estimate of $1.37 per share loss. Its revenue came in above expectations, however.Subscribe toRelated Tags
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