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Walgreens Boots Alliance (WBA) Tops Q4 EPS by 10c, Beats on Revenues; Offers FY18 EPS Guidance Mid-Point Above Consensus

October 25, 2017 7:03 AM EDT

Walgreens Boots Alliance (NASDAQ: WBA) reported Q4 EPS of $1.31, $0.10 better than the analyst estimate of $1.21. Revenue for the quarter came in at $30.1 billion versus the consensus estimate of $29.93 billion.

Company Outlook

The company today introduced guidance of $5.40 to $5.70 for fiscal year 2018 adjusted diluted net earnings per share. This guidance assumes current exchange rates for the rest of the fiscal year, and continuation of the company's normal anti-dilutive share buyback program.

GUIDANCE:

Walgreens Boots Alliance sees FY2018 EPS of $5.40-$5.70, versus the consensus of $5.47.

Fourth quarter highlights

  • GAAP diluted net earnings per share were $0.76, down 20.0 percent from the year-ago quarter due to Rite Aid related costs, mainly merger termination fees; Adjusted diluted net earnings per share were $1.31, an increase of 22.4 percent on both an actual and constant currency basis
  • GAAP net earnings attributable to Walgreens Boots Alliance decrease 22.1 percent, to $802 million; Adjusted net earnings attributable to Walgreens Boots Alliance increase 18.8 percent to $1.4 billion, up 19.1 percent on a constant currency basis
  • Sales increase 5.3 percent to $30.1 billion, an increase of 6.4 percent on a constant currency basis
  • GAAP operating income decreases 2.3 percent to $1.1 billion; Adjusted operating income increases 21.2 percent to $1.9 billion, up 22.3 percent on a constant currency basis

For earnings history and earnings-related data on Walgreens Boots Alliance (WBA) click here.



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