Walgreens misses quarterly earnings estimates, lowers full-year forecast
Walgreens Boots Alliance on Tuesday reported quarterly earnings and revenue that missed analysts' expectations.
Walgreens reported adjusted earnings of $1.64 per share, missing analysts polled by Refinitiv's expectations of $1.72 per share. Revenue also fell short, coming in at $34.53 billion. Analysts had been looking for $34.56 billion. On an adjusted basis, Walgreens earned $1.64 per share, below the $1.72 billion analysts had expected. Net sales rose 4.6 percent to $34.53 billion, below expectations of $34.56 billion.
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