Walgreens Boots Alliance (WBA) Tops Q1 EPS by 3c, Offers Guidance

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Walgreens Boots Alliance Reports Fiscal 2024 First Quarter Results

January 4, 2024 7:00 AM EST

Results In Line with Expectations; Executing in a Challenging Environment

First quarter and recent financial highlights

First quarter loss per share* was $0.08 compared to a loss per share of $4.31 in the year-ago quarter; first quarter results included $278 million after-tax charge for fair value adjustments on variable prepaid forward derivatives related to the monetization of Cencora shares Adjusted earnings per share (EPS**) decreased 43.1 percent to $0.66, down 43.7 percent on a constant currency basis reflecting challenging retail market trends in the U.S. and a 21 percentage point headwind from a higher tax... More