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Earnings Outlook: Wal-Mart earnings: Results expected to be steady in a sea of stumbling retailers

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Analysts believe Wal-Mart’s price investments will pay off in the first quarter

Wal-Mart Stores Inc. is expected to announce first-quarter earnings on Thursday before the opening bell.

Analysts believe Wal-Mart’s WMT, +0.01% earnings will show the company is steady, even as the broader sector staggers into the next quarter. Still, Wal-Mart had to make investments that will show up on its balance sheet to reach those results.

Wal-Mart shares have an average hold rating with a price target of $73.87, 3.2% lower than Monday’s close.

See also: Retail rundown: Three winners and six losers in the age of Amazon

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