Walgreens Boots Alliance (WBA) Misses Q1 EPS by 4c

Walgreens Boots Alliance (NASDAQ: WBA) reported Q1 EPS of $1.37, $0.04 worse than the analyst estimate of $1.41. Revenue for the quarter came in at $34.3 billion versus the consensus estimate of $34.59 billion.

Fiscal 2020 outlook:

• Company maintained its guidance of roughly flat growth in fiscal 2020 adjusted EPS on a constant currency basis

Transformational Cost Management Program

• On track to deliver in excess of $1.8 billion in annual cost savings by fiscal 2022

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

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