Walmart beat Q1 earnings expectations, reporting $0.61 per share with a 2.5% revenue rise.

Walmart Inc. saw several institutional investors adjust their holdings in the first quarter, with mixed buying and selling activities. The retail giant reported Q1 earnings of $0.61 per share, exceeding analysts' expectations by $0.03, with a 2.5% revenue increase to $165.61 billion. Analysts predict Walmart will post 2.55 EPS for the year. The company has a market cap of $779.77 billion and a price-to-earnings ratio of 40.44.