WASHINGTON (dpa-AFX) - (Adds Outlook)

For the full year, Walgreens Boots Alliance, Inc. (WBA) has narrowed its
full-year adjusted EPS outlook, citing challenging retail environment in the
U.S., early wind-down of sale-leaseback program, and lower earnings due to
Cencora share sales.

For fiscal 2024, the company now expects adjusted EPS in the range of $3.20 to
$3.35, compared with the previous outlook of $3.20 to $3.50. Analysts on
average, polled by Thomson-Reuters expect the company to report earnings of
$3.24 per share for the year.

In pre-market, the shares were down $0.16 to trade at $20.86.


Below are the Q2 earnings highlights for Walgreens Boots Alliance, Inc. (WBA):

Earnings: -$5.91 billion in Q2 vs. $703 million in the same period last year.
EPS: -$6.85 in Q2 vs. $0.81 in the same period last year.
Excluding items, Walgreens Boots Alliance, Inc. reported adjusted earnings of
$1.04 billion or $1.20 per share for the period.

Analysts projected $0.82 per share
Revenue: $37.05 billion in Q2 vs. $34.86 billion in the same period last year.

-Guidance:
Full year EPS guidance: $3.20 to $3.35



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX