Walgreens Boots Alliance Reports Fiscal 2022 Third Quarter Results
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Walgreens Boots (WBA) Sinks 5% Post EPS, Analysts Weigh In
June 30, 2022 11:16 AM EDTWalgreens Boots Alliance (NASDAQ: WBA) shares have tumbled Thursday, down 5%, after the company reported earnings before the open.
The company reported third-quarter earnings per share of $0.96, bettering analyst estimates of $0.91 by $0.05. Revenue for the quarter came in at $32.6 billion, also beating the consensus estimate of $32.01 billion.
Both sales and profit decreased year over year due to weakening Covid-19 vaccination demand, investments in its health care business, and an opioid settlement with... More
