Results Snapshot: Walgreens Boots Alliance
Walgreens Boot Alliance WBA is expected to release its latest quarterly earnings report on Thursday 3/31/2022. Here’s what investors need to know ahead of the announcement.
Analysts estimate that Walgreens Boots Alliance will report a earnings per share (EPS) of $1.38.
Walgreens Boots Alliance bulls are hoping to hear the company announce that it not only exceeded that estimate, but also provide positive indications or expected growth for the next quarter.
New investors should note that sometimes it’s not an earnings beat or miss that most affects a stock’s price, but direction (or forecast).
Past Earnings Performance
Last quarter, the company beat EPS by $0.35, followed by a 2.67% increase in share price the next day.
Here’s a look at Walgreens Boots Alliance’s past performance and the resulting price change:
|Trimester||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
|Price change %||2.67%||-3.64%||-1.11%||-0.27%|
Shares of Walgreens Boots Alliance were trading at $47.82 as of March 29. Over the past 52-week period, shares are down 12.46%. Since these yields are typically negative, long-term shareholders are likely bearish ahead of this earnings release.
If you want to keep track of all upcoming revenue announcements, check out our revenue calendar here
This article was generated by Benzinga’s automated content engine and reviewed by an editor.