Company News: Walgreens Boots Alliance (WBA) quarterly results beat analysts’ expectations

Market news

2 April 2020

Company News: Walgreens Boots Alliance (WBA) quarterly results beat analysts’ expectations

Walgreens Boots Alliance (WBA) reported Q2 FY 2020 earnings of $1.52 per share (versus $1.64 per share in Q2 FY 2019), beating analysts' consensus estimate of $1.46 per share.

The company's quarterly revenues amounted to $35.820 bln (+3.7% y/y), beating analysts' consensus estimate of $35.245 bln.

The company also said it would continue to closely assess the COVID-19 situation and would provide further updates in the next earnings report when both the potential positive and negative effects of the pandemic would be known in more detail.

WBA rose to $44.95 (+4.46%) in pre-market trading.

USD/JPY: Falling further going forward – MUFG

GBP/USD: A more stable global backdrop should allow a rebound – Westpac

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.