Walgreens Boots Alliance (NASDAQ: WBA) reported fourth-quarter 2020 financial results before the opening bell on Thursday. The retail pharma giant reported a 2% rise in Q4 sales to $34.7 billion, beating the Wall Street consensus. Earnings of $1.02 per share were also stronger than what analysts had anticipated.
WBA shares gained 2.4% immediately following the announcement. The stock has slipped 39% since the beginning of this year.
CEO Stefano Pessina said, “Now, more than ever, our pharmacy-centered business is at the heart of community healthcare and we are expanding on that role for the future. I continue to be inspired by the tireless efforts of our teams as they support and care for our customers, patients and communities, while accelerating progress on our clear set of strategic priorities.”
Prior performance
Most Popular
Earnings calendar for the week of May 17
Benchmark stock indexes pared their recent gains early this week amid elevated inflation concerns, but regained a part of the momentum later aided by recovery in tech stocks. The Dow
Alibaba (BABA): The good and the bad from the Q4 earnings report
Shares of Alibaba Group (NYSE: BABA) have dropped 10% since the beginning of the year. The company reported mixed results for the fourth quarter of 2021 a day ago, with
Walt Disney (DIS) is focused on reopening, to put up a better show this year
With some of its parks and resorts either closed or operating at reduced capacity even more than a year after the virus outbreak, The Walt Disney Company (NYSE: DIS) is
