Walgreens Boots (WBA) Q1 Earnings Top Estimates, Margins Down

Walgreens Boots Alliance, Inc. (WBA) delivered adjusted earnings per share (EPS) of 66 cents in first-quarter fiscal 2024, plunging 43.1% from the year-ago quarter’s figure (down 43.7% at constant exchange rate or CER). The figure topped the Zacks Consensus Estimate by 4.8%.GAAP loss per share for first-quarter fiscal 2024 was 8 cents compared with the year-ago quarter’s loss of $4.31.Total SalesWalgreens Boots recorded total sales of$36.71 billion in the fiscal first quarter, up 9.9% year over year and 8. ...