- Walgreens Boots Alliance (WBA, Financial) reports a 4.1% year-over-year revenue growth for the second quarter.
- Despite a drop in EPS, results outperformed analyst expectations.
- Future guidance retracted due to a significant merger.
Walgreens Boots Alliance (NASDAQ: WBA) has reported a robust second-quarter performance with its revenue reaching $38.59 billion, marking a 4.1% increase from the same period last year—beating Wall Street's predictions. However, the company's adjusted earnings per share (EPS) saw a significant decline of 47.5% to $0.63, though it still managed to exceed analyst forecasts. A notable rise in U.S. Retail Pharmacy sales was observed, even as the overall retail sales sector faced challenges. In a strategic shift, Walgreens has withdrawn its 2025 guidance following its merger with Sycamore Partners.
Wall Street Analysts Forecast
Analyst projections shed light on Walgreens Boots Alliance Inc's (WBA, Financial) future performance. According to 13 analysts, the company holds an average one-year price target of $12.04, with forecasts ranging from a low of $8.50 to a high of $19.21. This average suggests a potential upside of 10.74% from the current stock price of $10.88. For more comprehensive analysis, visit the Walgreens Boots Alliance Inc (WBA) Forecast page.
Regarding analyst recommendations, data from 16 brokerage firms points to an average rating of 2.9 for WBA, which corresponds to a "Hold" position. This rating is part of a scale that ranges from 1, indicating a Strong Buy, to 5, suggesting a Sell.
GuruFocus GF Value Estimation
The estimated GF Value for Walgreens Boots Alliance Inc is positioned at $33.69 over the next year, implying a substantial upside potential of 209.79% from the current price of $10.875. The GF Value is GuruFocus' proprietary metric that assesses the fair value of a stock, calculated using historical trading multiples, past business growth, and projected business performance. To delve deeper into this evaluation, investors can visit the Walgreens Boots Alliance Inc (WBA, Financial) Summary page.
