Walmart earnings: what to expect

Walmart earnings: what to expect

2021-02-17 • Updated

What

Walmart will report its earnings for the fourth quarter.

When

The report will be out this Thursday before the markets open at 14.00 MT time (GMT+2). Note that the stock trading is available from 16:30 MT time.

Forecast

The world's biggest retailer is expected to report earnings of $1.51 a share. Investors widely expect Walmart to exceed expectations due to the huge sales during the holiday period and the company’s progress in e-commerce. The earnings result will prove whether Walmart can keep race with such e-commerce giants like Amazon or not.

Technical analysis

Walmart has been dipping since November, but hopefully, better-than-expected earnings results will help the stock to escape the current descending channel. The break above the high of February 9 at $.146.50 will drive the stock to the high of January 12 at $150.00. Support levels are $143.00 and $139.00.

WALMARTDaily.png

Besides, you can trade stocks in our app FBS Trader!

IMG_20210216_115329.484.jpg

Don't know how to trade stocks? Here are some simple steps.

  1. First of all, be sure you’ve downloaded Metatrader 5 or FBS Trader app. FBS allows you to trade stocks only through this software.
  2. Open the MT5 account in your personal area (an account in FBS Trader).
  3. Start trading!

                                                                                                  TRADE NOW

Similar

Latest news

AUD: Trade Ideas
AUD: Trade Ideas

Last Tuesday, the Australian dollar experienced its steepest drop of the year, falling by 1.18%, following higher-than-expected US inflation figures, which boosted the US dollar. However, the Aussie has since rebounded and is now trading at a two-week high against the US dollar. Investors are...

NZD: The Week Ahead
NZD: The Week Ahead

Commerzbank's analysis suggests a brighter outlook for the New Zealand Dollar (NZD) in the coming months despite recent downward pressure. Factors like broader U.S. Dollar strength and domestic issues have kept the NZD below last year's highs. However, robust labor markets in both New Zealand and Australia and an expected...

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera