# Walmart Inc. (WMT) Earnings Preview

Source: https://www.equity-rank.com/earnings-preview/WMT

Next report: **Thu, Nov 19, 2026, before the open**. Analysts' average EPS estimate: $0.64. The facts below describe past reports and today's prices; none of them predicts the result.

- Move the option market prices in: ±7.4% (at-the-money straddle, 2026-11-20 expiry)
- Typical move after a report: ±5.5% (median of the last 8, either direction)
- Model fair value (multi-method blend): $83.91 against a $125.52 price, a -33.1% model fair value differential

## The last 8 reports

Reported EPS came in above the estimate 5 of 8 times.

| Reported | EPS estimate | EPS actual | Surprise | Stock move |
| --- | --- | --- | --- | --- |
| Thu, Aug 20, 2026 | $0.73 | $0.81 | +11.0% | -9.2% |
| Thu, May 21, 2026 | $0.66 | $0.66 | +0.0% | -7.3% |
| Thu, Feb 19, 2026 | $0.70 | $0.53 | -24.3% | -1.4% |
| Thu, Nov 20, 2025 | $0.60 | $0.77 | +28.3% | +6.5% |
| Thu, Aug 21, 2025 | $0.74 | $0.88 | +18.9% | -4.5% |
| Thu, May 15, 2025 | $0.57 | $0.61 | +7.0% | -0.5% |
| Thu, Feb 20, 2025 | $0.65 | $0.65 | +0.0% | -6.5% |
| Tue, Nov 19, 2024 | $0.53 | $0.57 | +7.5% | +3.0% |

Stock move = closing price change across the report.

[Full WMT valuation](https://www.equity-rank.com/stocks/WMT) · [Other upcoming reports](https://www.equity-rank.com/earnings-preview)

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Fair value is a model estimate under stated assumptions — not a price target, not a prediction, and not a recommendation. This page is research information, not investment advice. Equity Rank is not a registered investment adviser.