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Walgreens Boots Earnings, Revenue Beat in Q3

Stock Markets Jun 30, 2022 08:25AM ET

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Walgreens Boots Earnings, Revenue Beat in Q3

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

Walgreens Boots announced earnings per share of $0.96 on revenue of $32.59B. Analysts polled by Investing.com anticipated EPS of $0.9196 on revenue of $32.1B.

Walgreens Boots shares are down 21.64% from the beginning of the year, still down 25.69% from its 52 week high of $55.00 set on January 11. They are outperforming the Nasdaq 100 which is down 28.56% from the start of the year.

Walgreens Boots shares lost 2.20% in pre-market trade following the report.

Walgreens Boots follows other major Consumer Staples sector earnings this month

Walgreens Boots's report follows an earnings beat by Constellation Brands A on Thursday, who reported EPS of $2.66 on revenue of $2.36B, compared to forecasts EPS of $2.55 on revenue of $2.16B.

General Mills had beat expectations on Wednesday with fourth quarter EPS of $1.12 on revenue of $4.89B, compared to forecast for EPS of $1.01 on revenue of $4.8B.

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

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