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.