CORRECTION: Walgreens Boots Alliance Q2 Adj. EPS $1.20 Beats $0.82 Estimate, Sales $37.05B Beat $35.86B Estimate
Portfolio Pulse from Benzinga Newsdesk
Walgreens Boots Alliance (WBA) reported Q2 adjusted EPS of $1.20, surpassing the $0.82 estimate, a 46.34% beat. Sales reached $37.05B, exceeding the $35.86B estimate by 3.32%, marking a 6.28% increase from last year.
March 28, 2024 | 11:08 am
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Walgreens Boots Alliance reported a significant beat on both EPS and sales estimates for Q2, showing strong year-over-year growth.
The substantial beat on both earnings per share and sales estimates, coupled with year-over-year growth, indicates strong financial health and operational efficiency. This performance is likely to instill investor confidence and could lead to a positive short-term impact on WBA's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100