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

Market news

1 July 2021

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

Walgreens Boots Alliance (WBA) reported Q3 FY 2021 earnings of $1.51 per share (versus $0.83 per share in Q3 FY 2020), beating analysts’ consensus estimate of $1.15 per share.

The company’s quarterly revenues amounted to $34.030 bln (+12.1% y/y), beating analysts’ consensus estimate of $33.472 bln.

The company also issued upside guidance for FY 2021, projecting EPS of ~10% y/y growth to ~$5.05 versus analysts’ consensus estimate of $4.75.

WBA rose to $54.20 (+3.02%) in pre-market trading.

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