Walgreens Boots Alliance Inc (NASDAQ:WBA) has released its earnings report for its fiscal fourth quarter of 2017.
Here are a few things to know from Walgreens Boots Alliance Inc’s fiscal fourth-quarter earnings report.
- WBA reported earnings per share of $1.31 on revenue of $30.15 billion.
- Earnings per share and revenue for the same period of the year prior was $1.07 and $28.64 billion.
- Wall Street was looking for WBA to report earnings per share of $1.21 on revenue of $29.93 billion for its fiscal fourth quarter of the year.
- Net income was down 22% to $802 million in the fiscal fourth quarter of the year due to cost connected to the Rite Aid merger.
- The company reported Retail Pharmacy USA sales were up 7.5% to $22.3 billion during the quarter.
- Retail Pharmacy USA comparable store sales were up by roughly 3%.
- WBA notes that its Retail Pharmacy International sales were down about 3% to $2.9 billion.
- The company contributes this decline in Retail Pharmacy International sales to currency translation.
- Sales from WBA’s Pharmaceutical Wholesale segment were up almost 1% to $5.4 billion in the quarter.
You can follow this link to learn more about Walgreens Boots Alliance Inc’s earnings report for its fiscal fourth quarter of 2017.
Walgreens Boots Alliance Inc also provided guidance for its fiscal full year of 2018 in its most recent earnings report. The company is expecting earnings per share for the year to range from $5.40 to $5.70. Wall Street is looking for earnings per share of $5.47 for the year.
WBA stock was down slightly as of Wednesday morning and is down 18% year-to-date.
As of this writing, William White did not hold a position in any of the aforementioned securities.
