WBA - How To Earn $500 A Month From Walgreens Boots Alliance Stock After Weak Earnings | Benzinga
Walgreens Boots Alliance Inc (NASDAQ: WBA) on Thursday reported weaker-than-expected earnings for its fourth quarter.
The Deerfield, Illinois-based company’s quarterly sales increased 9.2% year-over-year to $35.4 billion, up 8.3% on a constant currency basis, beating the consensus of $34.82 billion.
Adjusted EPS decreased 18% to $0.67, reflecting a 23.5% headwind from significantly lower COVID-19 vaccine and testing volumes, missing the consensus of $0.69.
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Walgreens Boots Alliance said it sees fiscal year 2024 adjusted EPS of $3.20-$3.50 compared to the consensus of $3.73, and down from $3.98 in fiscal year 2023. It expects fiscal year 2024 sales of $141 billion-$145 billion, versus the consensus of $144.36 billion.
With Walgreens reporting downbeat quarterly earnings, some investors may be ...