Walgreens' shares slide as drugstore chain misses earnings estimates, lowers 2019 forecast

📆 02/04/2019 15:08:00
📰 CNBC

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Walgreens misses quarterly earnings estimates, lowers full-year forecast

Walgreens Boots Alliance on Tuesday reported quarterly earnings and revenue that missed analysts' expectations.

Walgreens reported adjusted earnings of $1.64 per share, missing analysts polled by Refinitiv's expectations of $1.72 per share. Revenue also fell short, coming in at $34.53 billion. Analysts had been looking for $34.56 billion. On an adjusted basis, Walgreens earned $1.64 per share, below the $1.72 billion analysts had expected. Net sales rose 4.6 percent to $34.53 billion, below expectations of $34.56 billion.

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Who shops in Walgreens walgree Their prices are ridiculous. If its not medicine or something to drink, it aint priced right.

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