• Company News: Walgreens Boots Alliance (WBA) quarterly earnings beat analysts’ forecast

Market news

31 March 2021

Company News: Walgreens Boots Alliance (WBA) quarterly earnings beat analysts’ forecast

Walgreens Boots Alliance (WBA) reported Q2 FY 2021 earnings of $1.40 per share (versus $1.52 per share in Q2 FY 2020), beating analysts’ consensus estimate of $1.12 per share.

The company’s quarterly revenues amounted to $32.779 bln (-8.5% y/y), missing analysts’ consensus estimate of $36.159 bln.

The company also raised its FY 2021 guidance to mid-to-high single-digit growth in constant currency-adjusted EPS from both total and continuing operations. Previous guidance was for low single-digit growth.

WBA rose to $54.28 (+2.45%) in pre-market trading.

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