Walgreens Boots Alliance Narrows Fiscal 2024 Adjusted EPS Guidance To $3.20-$3.35 Versus Prior Guidance Of $3.20-$3.50 And Consensus Of $3.24
Portfolio Pulse from Benzinga Newsdesk
Walgreens Boots Alliance has updated its fiscal 2024 adjusted EPS guidance to a narrower range of $3.20-$3.35, from the previous range of $3.20-$3.50. This update is slightly above the consensus estimate of $3.24.
March 28, 2024 | 11:03 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Walgreens Boots Alliance narrows its fiscal 2024 adjusted EPS guidance, now expecting $3.20-$3.35, above the consensus of $3.24.
The narrowing of the EPS guidance range by Walgreens Boots Alliance, especially when the new range is slightly above the consensus estimate, suggests a positive outlook for the company's financial performance. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100