WBA - Walgreens Likely To Report Lower Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call | Benzinga
Walgreens Boots Alliance, Inc. (NASDAQ: WBA) is projected to release financial results for its fiscal 2024 first quarter, before the opening bell on Jan. 4, 2023.
Analysts expect the company to post quarterly earnings at 63 cents per share, down from year-ago earnings of $1.16 per share. The company’s revenue might come in at $34.86 billion for the latest quarter, according to Benzinga Pro.
Walgreens is reportedly reconsidering plans to part ways with its U.K. drugstore chain, Boots, as discussions around a potential sale or separation resurface, which was previously scrapped approximately 18 months ago.
Walgreens shares gained 2.1% to close at $26.65 on Tuesday.
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