Will WBA Stock Maintain Its Upward Momentum?
Portfolio Pulse from
Walgreens Boots Alliance (WBA) stock surged 27% after reporting better-than-expected Q1 results, with revenue of $39.5 billion and adjusted earnings of $0.51 per share, surpassing consensus estimates.
January 14, 2025 | 11:15 am
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Walgreens Boots Alliance reported strong Q1 results, with revenue and earnings surpassing expectations, leading to a 27% stock surge.
The significant stock price increase of 27% is directly attributed to Walgreens' better-than-expected Q1 earnings and revenue figures. This positive financial performance suggests strong operational execution, likely boosting investor confidence and driving the stock price upward in the short term.
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