Walgreens Boots Earnings, Revenue Beat in Q2

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Walgreens Boots announced earnings per share of $1.52 on revenue of $35.82B. Analysts polled by Investing.com anticipated EPS of $1.46 on revenue of $35.27B. That with comparison to EPS of $1.64 on revenue of $34.53B in the same period a year before. Walgreens Boots had reported EPS of $1.37 on revenue of $34.34B in the previous quarter. Analysts are expecting EPS of $1.53 and revenue of $35.51B in the upcoming quarter.

Walgreens Boots shares are down 27.02% from the beginning of the year , still down 33.29% from its 52 week high of $64.50 set on November 5, 2019. They are under-performing the Nasdaq which is down 18.57% year to date.

Walgreens Boots shares gained 2.49% in pre-market trade following the report.

Walgreens Boots’s report follows an earnings beat by Pinduoduo on March 11, who reported EPS of $-1.52 on revenue of $10.79B, compared to forecasts EPS of $-1.88 on revenue of $11.04B.

Costco had beat expectations on March 5 with second quarter EPS of $2.1 on revenue of $39.07B, compared to forecast for EPS of $2.06 on revenue of $38.21B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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