November 19, 20240 Comments

Walmart hikes annual earnings outlook, beats Q3 estimates; shares jump By Investing.com

Walmart (NYSE:) shares rose over 3% Tuesday after the retail giant hiked its annual earnings outlook and reported better-than-expected Q3 results. The third quarter adjusted earnings per share (EPS) came in at $0.58, topping consensus expectations of $0.53. Walmart’s revenue for the quarter rose to $169.6 billion, also above the $167.67 billion estimated by analysts. Comparable sales performance in the US, excluding fuel, was strong across segments. Total (EPA:) US

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November 12, 20240 Comments

Tyson Foods beats quarterly results on strong demand for beef, pork By Reuters

(Reuters) -Tyson Foods beat Wall Street expectations for fourth-quarter results on Tuesday, as lower costs and strong demand for its pork and beef products helped offset slowdown in the chicken segment, sending its shares up 6% before the bell. More people are cooking at home rather than dining out due to higher food prices, which is helping Tyson Foods (NYSE:) that has been enjoying a rebound in demand for pork

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