Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is reporting fourth quarter earnings results on Thursday 15th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.96 per share.
For the full year, analysts predict revenues of $ 139174.00 million, while looking forward to income of $ 4.68 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 4.65 ~ $ 4.75 per share
Click Here For More Historical Outlooks Of Walgreens Boots Alliance, Inc.
Previous Quarter Performance
Walgreens Boots Alliance, Inc. posted loss for the third quarter of $ 1.95 per share, from the revenue of $ 34,631.00 million, On adjusted basis, WBA reported income for the quarter of $ 0.83 per share. The quarterly revenues extended 0.12 percent compared with the same quarter last year. According to street consensus, WBA was expected to report 3Q20 income of $ 1.17 per share from revenue of $ 34354.70 million. The bottom line results missed street analysts by $ 0.34 or 29.06 percent, at the same time, top line results outshined analysts by $ 276.30 million or 0.80 percent.
Stock Performance
Shares of Walgreens Boots Alliance, Inc. traded low $ -0.27 or -0.75 percent on Wednesday, reaching $ 35.91 with volume of 8.38 million shares. Walgreens Boots Alliance, Inc. has traded high as $ 36.81 and has cracked $ 35.65 on the downward trend
According to the previous trading day, closing price of $ 35.91, representing a 6.79 % increase from the 52 week low of $ 33.88 and a 43.91 % decrease over the 52 week high of $ 64.50.
The company has a market capital of $ 31.12 billion and is part of the Consumer Defensive sector and Pharmaceutical Retailers industry.
Recent Analyst recommendations
- On 11th September 2020, maintained by Mizuho at Neutral rating, with $ 37.00 target price.
- On 3rd September 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 40.00 target price.
- On 2nd September 2020, maintained by RBC Capital at Sector Perform rating, with $ 38.00 target price.
- On 27th August 2020, maintained by Credit Suisse Group at Neutral rating, with $ 42.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.4675 per share on July 9, 2020. The dividend were payable on September 11, 2020 to holders of record as of the close of business on August 19, 2020 and ex-dividend date on August 18, 2020.
Conference Call
Walgreens Boots Alliance, Inc. will be hosting a conference call at 8:30 AM eastern time on 15th October 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.walgreensbootsalliance.com
Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale.
