NEW YORK (TheStreet) --Walmart Stores Inc. (WMT) is scheduled to release its fiscal 2016 first quarter earnings results before the market open on Tuesday morning, and analysts are expecting the retail giant to post a year-over-year decline in earnings and a slight rise in revenue for the most recent quarter.
The company has been forecast to report earnings of $1.04 per share on revenue of $116.30 billion for the quarter ended April 2015.
Shares of Walmart Stores are up by 0.27% to $79.45 in mid-morning trading on Monday.
Last year, Walmart Stores said it earned $1.10 per share on revenue of $115 billion for the fiscal 2015 first quarter.
Bentonville, AR.-based Walmart Stores Inc. operates in three segments including a mass merchant concept chain in the U.S., an international segment, and the Sam's Club segment which is a membership retail chain.
Separately, TheStreet Ratings team rates WAL-MART STORES INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate WAL-MART STORES INC (WMT) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself."