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Investing.com - BMO Capital has reiterated its Outperform rating and $110.00 price target on Walmart (NYSE:WMT) following the retailer’s second-quarter financial results. The retail giant, currently trading at $102.57 and boasting a market capitalization of $816 billion, is trading near its 52-week high of $105.30. According to InvestingPro analysis, Walmart appears to be trading above its Fair Value.
The retailer reported earnings per share below market expectations for the fiscal second quarter of 2026, but BMO noted this included higher general liability claims that were not adjusted for in the results, suggesting underlying earnings were closer to expectations. InvestingPro data shows Walmart maintains strong fundamentals with $685 billion in revenue and has demonstrated its reliability to shareholders by raising dividends for 30 consecutive years.
BMO highlighted Walmart’s continued strength across sales, e-commerce, and advertising segments despite the earnings miss. The retailer has raised its full-year guidance by a few cents to reflect more favorable foreign exchange conditions.
Walmart also provided third-quarter earnings guidance that exceeds current market expectations, according to BMO’s research note.
The company’s conference call to discuss the results was scheduled for 8:00 AM ET on the day of the announcement.
In other recent news, Walmart Inc. announced its second-quarter earnings for fiscal year 2026, which revealed mixed results. The company reported earnings per share (EPS) of $0.68, which was below the expected $0.74, resulting in an 8.11% negative surprise. However, Walmart exceeded revenue expectations, bringing in $177.4 billion compared to the forecasted $174.4 billion. This revenue beat highlights the company’s strong sales performance despite the earnings miss. The earnings announcement has drawn attention from investors, given the discrepancy between EPS and revenue results. Analysts from various firms are likely to scrutinize these figures closely as they assess Walmart’s financial health and market strategy. These developments are part of the ongoing analysis and discussions surrounding Walmart’s performance in the retail sector.
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