Walgreens: Fiscal Q4 Earnings Snapshot
By AP News
Published - Oct 15, 2024, 07:17 AM ET
Last Updated - Dec 16, 2024, 06:21 PM EST
DEERFIELD, Ill. (AP) — DEERFIELD, Ill. (AP) — Walgreens Boots Alliance Inc. (WBA) on Tuesday reported a loss of $3.01 billion in its fiscal fourth quarter.
The Deerfield, Illinois-based company said it had a loss of $3.48 per share. Earnings, adjusted for non-recurring costs, came to 39 cents per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.
The largest U.S. drugstore chain posted revenue of $37.55 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $35.74 billion.
