Walgreens Boots Alliance (WBA) Tops Q1 EPS by 2c

Walgreens Boots Alliance (NASDAQ: WBA) reported Q1 EPS of $1.46, $0.02 better than the analyst estimate of $1.44. Revenue for the quarter came in at $33.8 billion versus the consensus estimate of $33.75 billion.

Fiscal 2019 outlook

• Company maintained its guidance of 7 percent to 12 percent growth in fiscal 2019 adjusted EPS at constant currency rates
• Company to launch transformational cost management program, which is targeting annual cost savings in excess of $1 billion by the end of the third year

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

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