Walgreens Boots Alliance's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Walgreens Boots Alliance (NASDAQ:WBA) is set to release its quarterly earnings report on March 28, 2024, with analysts estimating an EPS of $0.75. The company's past earnings performance shows a mix of beats and misses, with the share price reacting accordingly. Shares are currently trading at $20.51, down 39.92% over the last 52 weeks, indicating long-term shareholder dissatisfaction. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.
March 27, 2024 | 2:00 pm
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NEUTRAL IMPACT
Walgreens Boots Alliance is anticipated to report an EPS of $0.75 for the upcoming quarter. Historical performance shows variable reactions to earnings reports, with the stock currently down 39.92% over the last year.
Given WBA's mixed past earnings performance and the significant year-to-date stock decline, the upcoming earnings report and future guidance will be crucial for short-term stock movement. However, the exact impact is uncertain due to the mixed historical reactions, hence a neutral score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100