Investing.com - Walgreens Boots (NASDAQ:WBA) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Walgreens Boots announced earnings per share of $0.83 on revenue of $34.63B. Analysts polled by Investing.com anticipated EPS of $1.22 on revenue of $34.39B.
Walgreens Boots shares are down 28.27% from the beginning of the year and are trading at $42.29 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 22.14% year to date.
Walgreens Boots follows other major Services sector earnings this month
Walgreens Boots's report follows an earnings missed by Lululemon Athletica on Thursday, June 11, 2020, who reported EPS of $0.22 on revenue of $651.96M, compared to forecasts EPS of $0.23 on revenue of $691.63M.
Alimentation Couchen A had beat expectations on Tuesday with first quarter EPS of $0.47 on revenue of $9.69B, compared to forecast for EPS of $0.43 on revenue of $9,393M.
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