Walgreens Boots (NASDAQ:WBA) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.46 on revenue of $33.79B. Analysts polled by forecast EPS of $1.43 on revenue of $33.82B. That compared to EPS of $0.81 on revenue of $30.74B in the same period a year earlier. The company had reported EPS of $1.48 on revenue of $33.44B in the previous quarter.
For the year, Walgreens Boots shares are up 0.92%, outperforming the S&P 500 which is down 6.59% year to date.
Walgreens Boots follows other major Services sector earnings this month
On December 13, Costco reported first quarter EPS of $1.61 on revenue of $35.07B, compared to forecasts of EPS of $1.62 on revenue of $37.57B.
Alimentation Couchen A earnings beat analyst's expectations on November 27, with second quarter EPS of $0.84 on revenue of $14.70B. analysts expected EPS of $0.83 on revenue of $11,498M
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