Walgreens Boots Alliance’s Earnings Preview: What to Expect

Deerfield, Illinois-based Walgreens Boots Alliance, Inc. (WBA), is an integrated healthcare, pharmacy, and retail company. With a market cap of $8.3 billion, Walgreens operates through the U.S. Retail Pharmacy, International, and U.S. Healthcare segments. The pharmaceutical retailer is expected to release its Q1 earnings before the market opens on Thursday, Jan. 9. 

Ahead of the event, analysts expect Walgreens to report a profit of $0.37 per share, down 43.9% from $0.66 per share reported in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in three quarters over the past four quarters while missing the estimate on another occasion. On the bright side, its adjusted EPS for the last reported quarter beat the consensus estimates by 8.3%.