Investing.com - Walgreens Boots (NASDAQ:WBA) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Walgreens Boots announced earnings per share of $1.02 on revenue of $34.75B. Analysts polled by Investing.com anticipated EPS of $0.96 on revenue of $34.39B.
Walgreens Boots shares are down 39.09% from the beginning of the year, still down 44.33% from its 52 week high of $64.50 set on November 5, 2019. They are under-performing the Nasdaq 100 which is up 37.24% from the start of the year.
Walgreens Boots follows other major Services sector earnings this month
Walgreens Boots's report follows an earnings beat by Costco on September 24, who reported EPS of $3.51 on revenue of $53.38B, compared to forecasts EPS of $2.85 on revenue of $52.11B.
Cintas had beat expectations on September 23 with first quarter EPS of $2.78 on revenue of $1.75B, compared to forecast for EPS of $2.13 on revenue of $1.7B.
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