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Walmart is rallying ahead of earnings (WMT)

Walmart is rallying ahead of earnings (WMT)

Walmart is edging up ahead of earnings.  The retailer reports first-quarter earnings ahead of Thursday's opening bell.  Analysts and investors are optimistic ahead of the results.  Walmart is rallying ahead of its first-quarter earnings report, which is due out ahead before Thursday's opening bell. The stock is up 1.42% on Wednesday to $85.72 a share.  Wall Street analysts surveyed by Bloomberg are expecting the retailer to earn $1.11 per share on revenue of $120.47 billion. Not one analyst has a "sell" rating on the stock, while 15 rate it a 'buy,' and 19 rate it a "hold."   And pessimism around Walmart seems to be easing, at least according to a measure of bets the company’s stock will fall.