© Reuters. Walgreens Boots Earnings, Revenue Beat in Q1
Investing.com – Walgreens Boots (NASDAQ:) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Walgreens Boots announced earnings per share of $1.22 on revenue of $36.30B. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $34.93B.
Walgreens Boots shares are up 7.9% from the beginning of the year, still down 27.66% from its 52 week high of $59.48 set on January 7, 2020. They are outperforming the S&P 500 which is down 0.21% from the start of the year.
Walgreens Boots follows other major Services sector earnings this month
Walgreens Boots's report follows an earnings beat by Costco on December 10, 2020, who reported EPS of $2.29 on revenue of $43.21B, compared to forecasts EPS of $2.05 on revenue of $46.33B.
T-Mobile US had missed expectations on Wednesday with fourth quarter EPS of $0.4823 on revenue of $19.91B, compared to forecast for EPS of $0.4848 on revenue of $19.86B.
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