WBA - Walgreens Earnings Preview: Revenue Estimates Holding Up; It's A Cost Structure Problem
2024-03-27 12:45:00 ET
Summary
- Walgreens is set to report their fiscal Q2 ’24 financial results before the opening bell tomorrow morning (March 28).
- WBA revenue has shown almost no degradation since the stock price collapsed, with most of the weakness coming from negative EPS estimate revisions.
- One-time asset liquidations and asset divestitures at WBA are a plus for now, but the business needs to stabilize margins and eventually improve operating income on a reliable basis.
Walgreens (WBA) is set to report their fiscal Q2 '24 financial results before the opening bell tomorrow morning, Thursday, March 28, 2024. Analyst consensus is expecting $38.9 billion in revenue, $672 million in operating income and $0.82 in EPS, resulting in +3%, -45% and -29% yoy growth for the three metrics, respectively....
Walgreens Earnings Preview: Revenue Estimates Holding Up; It's A Cost Structure Problem