Walgreens Boots Alliance shares are trading lower after the company reported mixed Q3 earnings and lowered 2024 guidance below consensus estimates.
Portfolio Pulse from Benzinga Newsdesk
Walgreens Boots Alliance shares are trading lower after the company reported mixed Q3 earnings and lowered 2024 guidance below consensus estimates.
June 27, 2024 | 11:29 am
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NEGATIVE IMPACT
Walgreens Boots Alliance shares are trading lower due to mixed Q3 earnings and a reduction in 2024 guidance below consensus estimates.
The mixed Q3 earnings and lowered 2024 guidance below consensus estimates are likely to negatively impact investor sentiment and lead to a short-term decline in WBA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100