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Walgreens Boots Earnings Miss, Revenue Beats In Q3

Published 07/09/2020, 07:05 AM
Updated 07/09/2020, 07:05 AM
© Reuters.  Walgreens Boots Earnings Miss, Revenue Beats In Q3

© Reuters. Walgreens Boots Earnings Miss, Revenue Beats In Q3

Investing.com - Walgreens Boots (NASDAQ:WBA) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Walgreens Boots announced earnings per share of $0.83 on revenue of $34.63B. Analysts polled by Investing.com anticipated EPS of $1.22 on revenue of $34.39B.

Walgreens Boots shares are down 28.27% from the beginning of the year , still down 34.43% from its 52 week high of $64.50 set on November 5, 2019. They are under-performing the Nasdaq 100 which is up 22.14% year to date.

Walgreens Boots follows other major Services sector earnings this month

Walgreens Boots's report follows an earnings missed by Lululemon Athletica on June 11, who reported EPS of $0.22 on revenue of $651.96M, compared to forecasts EPS of $0.23 on revenue of $691.63M.

Alimentation Couchen A had beat expectations on Tuesday with first quarter EPS of $0.47 on revenue of $9.69B, compared to forecast for EPS of $0.43 on revenue of $9,393M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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