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HomeMarketKey highlights from Walgreens Boots Alliance’s (WBA) Q3 2024 earnings outcomes |...

Key highlights from Walgreens Boots Alliance’s (WBA) Q3 2024 earnings outcomes | AlphaStreet

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Walgreens Boots Alliance, Inc. (NASDAQ: WBA) reported third quarter 2024 earnings outcomes right this moment.

Gross sales elevated 2.6% year-over-year to $36.4 billion. Gross sales rose 2.5% on a relentless forex foundation.

Web earnings have been $344 million, or $0.40 per share, in comparison with $118 million, or $0.14 per share, final yr. Adjusted EPS was $0.63, down 36.6% YoY.

Income beat estimates whereas earnings fell quick.

The corporate is reducing fiscal yr 2024 adjusted EPS steering to $2.80-2.95, reflecting difficult pharmacy trade tendencies and a worse-than-expected US client atmosphere.

The inventory plunged 15% in premarket hours on Thursday following the announcement.

Prior efficiency

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