In its upcoming report, Walgreens Boots Alliance (WBA) is predicted by Wall Street analysts to post quarterly earnings of $0.68 per share, reflecting a decline of 32% compared to the same period last year. Revenues are forecasted to be $35.96 billion, representing a year-over-year increase of 1.6%. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial project ...

The market expects Walgreens Boots Alliance (WBA) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended May 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on June 27, 2024, might help the stock move higher if these key numb ...

The most recent trading session ended with Walgreens Boots Alliance (WBA) standing at $15.55, reflecting a +0.65% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.04% loss on the day. Elsewhere, the Dow lost 0.15%, while the tech-heavy Nasdaq added 0.12%. The largest U.S. drugstore chain's stock has dropped by 15.76% in the past month, falling short of the Retail- Wholesale sector's gain of 0.37% and the S&P 500's gain of 4.15%. Analysts and investors alike will be keepin ...

Walgreens stock can't seem to get out of its tailspin. Sometimes it can seem like a stock is a falling knife, where trying to slow its fall is just going to cut you. That's what Walgreens Boots Alliance (WBA -2.45%) investors may be feeling right now. The stock has dropped to levels it hasn't traded at since the 1990s, and it keeps falling lower. The price drop suggests that the market knows that Walgreens faces a tough road ahead. Walgreens is working to regain the market's confidence. With a new CEO, ther ...

In the latest trading session, Walgreens Boots Alliance (WBA) closed at $15.94, marking a +0.63% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.26%. Meanwhile, the Dow gained 0.18%, and the Nasdaq, a tech-heavy index, added 0.35%. Shares of the largest U.S. drugstore chain witnessed a loss of 7.85% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 0.54% and the S&P 500's gain of 3.25%. The investment community will b ...

People wait in in a queue to enter CityMD, a health clinic that offers coronavirus disease (COVID-19) testing, on the Upper West Side as the Omicron coronavirus variant continues to spread in Manhattan, New York City, U.S., December 19, 2021. Walgreens-backed CityMD will pay $12.04 million to settle Covid fraud allegations brought by the Department of Justice, the department announced on Friday. From February 2020 to April 2022, the urgent care provider allegedly obtained fraudulent government reimbursement ...

Walgreens logo is seen at restaurant in Florida Keys, United States on May 7, 2024. (Photo by Jakub ... [+] Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Given its better valuation, we believe Walgreens stock (NYSE: WBA) is a better pick than its peer CVS Health stock (NYSE: CVS). WBA stock trades at 0.1x revenues, versus 0.2x for CVS, given the latter’s superior revenue growth, profitability, and financial position. In the sections below, we discuss why we think WBA is a better pick than CV ...

Key Takeaways Walgreens joined the growing list of retailers starting to cut prices in the hopes of winnings back consumers who have changed their shopping habits due to inflation. The retailer said Wednesday that it is lowering prices on over 1,300 products and launching promotional events over the summer. A number of retailers including Walmart and Target also announced in recent weeks they are reducing prices for some items. Walgreens shares fell over 3% Wednesday following the announcement. Shares of Wa ...

Walgreens on Wednesday announced its cutting prices and launching a series of new promotions throughout the summer in an attempt to entice price-conscious consumers and drive sales. Walgreens said it would lower prices on more than 1,300 national and store-brand products. Among its summer promotional campaigns, the company plans to bring back Walgreens' myW Days in mid-July. MyW days are exclusive promotions for myWalgreens members, underscoring the company's attempt to boost its loyalty program. Global Chi ...

In the latest trading session, Walgreens Boots Alliance (WBA) closed at $16.03, marking a +0.5% move from the previous day. The stock lagged the S&P 500's daily gain of 0.7%. Meanwhile, the Dow experienced a rise of 0.01%, and the technology-dominated Nasdaq saw an increase of 1.1%. Shares of the largest U.S. drugstore chain have depreciated by 9.38% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 1.98% and the S&P 500's gain of 4.03%. Investors will be eagerly watch ...