Prime Wall Road Forecasters Revamp Walgreens Expectations Forward Of Q3 Earnings – Walgreens Boots Alliance (NASDAQ:WBA)

Walgreens Boots Alliance, Inc. WBA will launch earnings outcomes for the third quarter, earlier than the opening bell on Thursday, June 26.

Analysts count on the Deerfield, Illinois-based firm to report quarterly earnings at 34 cents per share, down from 63 cents per share within the year-ago interval. Walgreens initiatives to report quarterly income of $36.72 billion, in comparison with $36.35 billion a 12 months earlier, in line with knowledge from Benzinga Professional.

Walgreens on April 21 mentioned it would pay $300 million to resolve federal allegations that the corporate stuffed hundreds of thousands of invalid prescriptions for opioids and different managed substances.

Walgreens shares fell 0.4% to shut at $11.31 on Wednesday.

Benzinga readers can entry the newest analyst rankings on the Analyst Inventory Scores web page. Readers can type by inventory ticker, firm title, analyst agency, score change or different variables.

Let’s take a look at how Benzinga’s most-accurate analysts have rated the corporate within the current interval.

• Deutsche Financial institution analyst George Hill downgraded the inventory from Maintain to Promote and reduce the worth goal from $11 to $9 on Feb. 28, 2025. This analyst has an accuracy price of 60%.
• Truist Securities analyst David Macdonald maintained a Maintain score and reduce the worth goal from $13 to $12 on Jan. 31, 2025. This analyst has an accuracy price of 65%.
• UBS analyst Kevin Caliendo maintained a Impartial score and raised the worth goal from $9 to $10 on Oct. 17, 2024. This analyst has an accuracy price of 70%.
• Morgan Stanley analyst Erin Wright maintained an Underweight score and reduce the worth goal from $9 to $7 on Oct. 11, 2024. This analyst has an accuracy price of 75%.

Contemplating shopping for WBA inventory? Right here’s what analysts suppose:

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