Walmart soars as e-commerce growth drives earnings beat and raises 2020 outlook

Walmart’s stock jumped 6.5% on Thursday after the retailer reported second-quarter results that topped Wall Street forecasts.

Here are the key numbers from Walmart’s results:

Revenue: $130.4 billion, compared to $130.07 billion expected by analysts
Earnings per share: $1.27, versus $1.22 expected by analysts
Net income: $3.64 billion, compared to $3.51 billion estimated by analysts

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