"Walmart's Q3 Earnings: Analysts Optimistic as Groceries and Digital Take Center Stage"

Walmart is set to report its quarterly earnings, with Wall Street expecting earnings per share of $1.52 and revenue of $159.72 billion. As the holiday season approaches, investors are optimistic about Walmart's ability to drive sales, given its status as the largest grocer in the US. The company has been investing in its e-commerce business, expanding its assortment through its third-party marketplace and generating revenue from ads and Walmart+ memberships. Walmart's stock reached an all-time high, benefiting from Target's positive performance. However, there are concerns about whether Walmart can meet high expectations and maintain its market share in the face of competition.