Investing.com - Walgreens Boots (NASDAQ:WBA) reported first quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.37 on revenue of $34.34B. Analysts polled by Investing.com forecast EPS of $1.41 on revenue of $34.59B. That compared to EPS of $1.46 on revenue of $33.79B in the same period a year earlier. The company had reported EPS of $1.43 on revenue of $33.95B in the previous quarter.
For the year, Walgreens Boots shares are up 0.56%, broadly in line with the Nasdaq which is up 0.32% year to date.
Walgreens Boots follows other major Services sector earnings this month
On Thursday, December 12, 2019, Costco reported first quarter EPS of $1.73 on revenue of $37.04B, compared to forecasts of EPS of $1.71 on revenue of $39.95B.
Carnival Corp earnings beat analyst's expectations on Friday, December 20, 2019, with fourth quarter EPS of $0.62 on revenue of $4.78B. Investing.com analysts expected EPS of $0.5 on revenue of $4.58B
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