AET - Walgreens: High Yielder
Walgreens Boots Alliance (WBA) has traded mixed following FQ4 results as the company failed to dissuade the biggest fears in the market. A solid EPS beat was offset by a big revenue miss. The market automatically fears Amazon (AMZN) somehow already taking market share, but the opportunity exists on any dip.
Image Source: Walgreens Boots website
Comps Perspective
The retail pharmacy missed analyst revenue estimates by $400 million. Considering quarterly sales of $33.4 billion, the amount has to be kept in perspective as relatively small. Walgreens Boots has traditionally missed revenue