Walgreens Boots Alliance (NASDAQ:WBA) is preparing to release its quarterly earnings on Tuesday, 2024-10-15. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Walgreens Boots Alliance to report an earnings per share (EPS) of $0.36.
The announcement from Walgreens Boots Alliance is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
The company's EPS missed by $0.08 in the last quarter, leading to a 0.78% drop in the share price on the following day.
Here's a look at Walgreens Boots Alliance's past performance and the resulting price change:
Quarter
Q3 2024
Q2 2024
Q1 2024
Q4 2023
EPS Estimate
0.71
0.82
0.61
0.69
EPS Actual
0.63
1.20
0.66
0.67
Price Change %
-1.0%
3.0%
3.0%
-4.0%
Performance of Walgreens Boots Alliance Shares
Shares of Walgreens Boots Alliance were trading at $9.21 as of October 11. Over the last 52-week period, shares are down 60.11%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Analysts' Take on Walgreens Boots Alliance
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Walgreens Boots Alliance.
The consensus rating for Walgreens ...
