Company News: Wallgreens Boots Alliance (WBA) quarterly earnings beat analysts’ estimate

Market news

27 June 2019

Company News: Wallgreens Boots Alliance (WBA) quarterly earnings beat analysts’ estimate

Wallgreens Boots Alliance (WBA) reported Q3 FY 2019 earnings of $1.47 per share (versus $1.53 in Q3 FY 2018), beating analysts’ consensus of $1.43.

The company’s quarterly revenues amounted to $34.591 bln (+0.7% y/y), generally in line with analysts’ consensus estimate of $34.520 bln.

The company also reaffirmed guidance for FY2019, projecting EPS growth of ~flat versus $6.02 last year and analysts’ consensus estimate of $5.99.

WBA rose to $53.11 (+1.39%) in pre-market trading.

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