Categories AlphaGraphs, Earnings, Health Care
WBA Earnings: Walgreens Boots Alliance Q2 profit and sales beat estimates
Walgreens Boots Alliance, Inc. (NASDAQ: WBA) on Thursday reported stronger-than-expected earnings and revenues for the second quarter of 2024.
Net profit, on an adjusted basis, increased to $1.20 per share in the second quarter of 2024 from $1.16 per share in the corresponding period of last year and came in above analysts’ forecast. On an unadjusted basis, it was a net loss of $5.91 billion or $6.85 per share in Q2, compared to a profit of $703 million or $0.81 per share in the prior year period.
Net sales increased 6.3% year-over-year to $37.05 billion in the February quarter. Sales also exceeded estimates. The company narrowed its fiscal 2024 adjusted EPS guidance to $3.20 to $3.35, reflecting the challenging retail environment in the U.S., early wind-down of sale-leaseback program, and lower earnings due to Cencora share sales.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
INTU Earnings: Intuit reports higher Q3 revenue and profit; results beat
Financial technology company Intuit Inc. (NASDAQ: INTU) on Thursday reported stronger-than-expected revenue and adjusted earnings for the third quarter of 2025. The Mountain View-headquartered company’s third-quarter revenue was $7.75 billion,
Against a challenging backdrop, Lowe’s (LOW) is focusing on these two pillars of its strategy
Shares of Lowe’s Companies, Inc. (NYSE: LOW) were down over 1% on Thursday. The stock has dropped 8% over the past three months. The company saw sales and earnings decline
Earnings Preview: Can Salesforce regain its growth momentum this year?
Salesforce, Inc. (NYSE: CRM) has constantly innovated its products and services after successfully adopting the SaaS business model years ago. The company's growth has slowed in recent quarters, and its
