Walgreens Boots Alliance Inc reports results for the quarter ended November 30 - Earnings Summary

• Walgreens Boots Alliance Inc WBA.OQ reported quarterly adjusted earnings of 51 cents​​ per share for the quarter ended November 30, lower than the same quarter last year, when the company reported EPS of 66 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 33 cents to 42 cents per share.

• Revenue rose 7.5% to $39.46 billion from a year ago; analysts expected $37.36 billion.

• Walgreens Boots Alliance Inc's reported EPS for the quarter was a loss of 31 cents​.

• The company reported a quarterly loss of $265 million.

• Walgreens Boots Alliance Inc shares had fallen by 1.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.9% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 14 "hold" and 3 "sell" or "strong sell."

• The average consensus recommendation for the drug retailers peer group is also "hold"

Wall Street's median 12-month price target for Walgreens Boots Alliance Inc is $10.00

This summary was machine generated from LSEG data January 10 at 01:45 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)