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Walgreens Boots: Q4 beats consensus

(CercleFinance.com) - Walgreens Boots Alliance has published Q4 EPS that has more than doubled to 1.
55 dollar. Adjusted EPS increased by 13% to 1.48 dollar, thus beating the consensus by three cents.

Again in adjusted terms, the drugstore chain's operating profit was flat at 1.9 billion dollars, for sales that are up 10.9% at 33.4 billion dollars (+11.3% at constant exchange rates).

With adjusted FY EPS that is up 18% at 6.02 dollars, towards the top of its last target range (5.90 to 6.05 dollars), the group expects between 6.40 dollars and 6.70 dollars in 2018-19 at current exchange rates.


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