Walgreens Boots Alliance Sees FY24 Adjusted EPS Of $3.20-$3.50 Versus Consensus Of $3.73, Forecasts Sales Of $141B-$145B Versus Consensus Of $144.36B
Portfolio Pulse from Benzinga Newsdesk
Walgreens Boots Alliance has projected its FY24 adjusted EPS to be between $3.20 and $3.50, which is lower than the consensus estimate of $3.73. The company also forecasts its sales to be between $141B and $145B, slightly below the consensus estimate of $144.36B.
October 12, 2023 | 11:05 am
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NEGATIVE IMPACT
Walgreens Boots Alliance's lower than expected FY24 EPS and sales forecasts may negatively impact its stock price in the short term.
Walgreens Boots Alliance's lower than expected FY24 EPS and sales forecasts indicate potential financial underperformance, which could lead to a decrease in investor confidence and a drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100