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Key Metrics: Walmart, Alibaba Group, and Globant's Earnings Preview

  • November 11th, 2023
  • 423 views

On Thursday, November 16, a diverse set of companies is slated to unveil their financial performance, including:

Walmart Inc. (NYSE: WMT), a retail giant, is set to report its third-quarter earnings results for fiscal year 2024 before the market opens. 

Market analysts anticipate earnings per share (EPS) of $1.41 on revenue amounting to $149.82 billion.

$WMT closed at $166.19 on Friday, reflecting an increase of $2.27 (+1.38%).

Alibaba Group Holding Limited (NYSE: BABA), a leading e-commerce and technology company, will release its second-quarter fiscal-year 2024 results prior to the market opening. 

The consensus EPS estimate stands at $2.12 on revenue totaling $30.79 billion.

On Friday, $BABA closed at $82.75, up $0.02 (+0.02%).

Globant S.A. (NYSE: GLOB), a digital transformation services company, will release results for the third quarter of 2023 after the close of regular market hours.

Analysts are forecasting an EPS of $1.47, accompanied by revenue reaching $545.23 million.

$GLOB closed at $173.70 on Friday, downf $4.62 (-2.59%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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