Earnings Outlook For Walgreens Boots Alliance
Portfolio Pulse from Benzinga Insights
Walgreens Boots Alliance (NASDAQ:WBA) is expected to release its quarterly earnings report on Thursday, 2024-01-04, with analysts estimating an EPS of $0.63. Investors are looking for an earnings beat and positive guidance for future growth. Historically, WBA's stock price has been sensitive to earnings performance and guidance. Last quarter, WBA missed EPS estimates by $0.02, resulting in a 3.89% share price drop. Over the past year, WBA shares have declined by 24.15%.
January 03, 2024 | 2:00 pm
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NEUTRAL IMPACT
Walgreens Boots Alliance is anticipated to report quarterly earnings with an expected EPS of $0.63. Historical data shows that earnings performance and guidance significantly affect WBA's stock price.
The impact on WBA's stock price in the short term will likely hinge on whether the company meets or exceeds the EPS estimate and provides favorable future guidance. Historical trends suggest that the stock reacts notably to earnings reports. However, given the recent negative performance, investor sentiment may already be tempered, which is why a neutral score is given.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100