Walmart will release its fourth quarter and fiscal year 2019 results tomorrow before the opening bell. Reuters consensus looking for $1.08 per share. A beat of current estimates could lead to a test of fib. level $101.31 followed by the upper end of the range around $102.5. The 50-day moving average at $96.10 could provide some support if there is a downside surprise.
Comment
Walmart WMT Q4 Adjusted Earnings Per Share (EPS) beats estimates, $1.41 vs. $1.33 expected
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