) shares rose over 4% in premarket trading Tuesday after the retail giant hiked its annual earnings outlook and reported better-than-expected Q3 results.
Walmart’s revenue for the quarter rose to $169.6 billion, also above the $167.67 billion estimated by analysts. For fiscal 2025, Walmart raised its EPS outlook to $2.42-$2.47 from the previous range of $2.35-$2.43, aligning with the consensus estimate of $2.45. Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.