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Deerfield, Illinois-based Walgreens Boots Alliance, Inc. (WBA), is an integrated healthcare, pharmacy, and retail company. With a market cap of $7.8 billion, Walgreens operates through the U.S. Retail Pharmacy, International, and U.S. Healthcare segments. It serves millions of customers and patients in thousands of locations across the U.S., Europe, and Latin America. The pharmaceutical retailer is expected to release its Q4 and full-year earnings before the market opens on Tuesday, Oct. 15.
Ahead of the event, analysts expect Walgreens to report a profit of $0.36 per share for Q4, down 46.3% from $0.67 per share reported in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates twice over the past four quarters while missing the estimate on two other occasions. Its adjusted EPS for the last reported quarter declined 37% year-over-year to $0.63, missing the consensus estimates by 6%.
