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Wal-Mart's earnings: Reading the tea leaves

Will Wal-Mart Stores (NYSE:WMT) disappoint or surpass analyst expectations for its most recent quarter? If the past is any indication, that question will be up for grabs, but the world's largest retailer did post an impressive 2.2% same-store sales growth figure in January.

Will Wal-Mart beat, meet, or fall short of expectations on Tuesday? The analysts have Wal-Mart pegged at a slim 7.1% rise in quarterly net income, down from a 12.1% gain in the year-earlier period. With all the hubbub on Wal-Mart's most recent results having been plagued by marketing missteps, lackluster gains, and cluttered stores -- can Wal-Mart rise above it all for it's just-completed quarter?

I'll be live blogging Wal-Mart's quarterly earnings webcast right here at http://wmt.bloggingstocks.com, so stay tuned to this website this Tuesday, February 20 for all the coverage -- as it happens. The earnings will be released before the market opens (about 7:00 am Pacific Time). We'll see you as you have your morning coffee (or hot tea) about then!

Also check out some other earnings reports that we're following, and let us know what you're expecting.

Symbol Lookup
IndexesChangePrice
DJIA-37.1910,741.98
NASDAQ-16.872,374.41
S&P 500-5.921,159.90

Last updated: March 20, 2010: 03:02 PM

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