Walgreens Boots Alliance’s Upcoming Q4 Earnings Preview
<p>Deutsche Bank analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/WBA'>Walgreens Boots Alliance, Inc. (NASDAQ:WBA)</a> ahead of upcoming Q4 earnings, expected to be announced on Oct 13.</p>
<p>The analysts expect the company to report revenue of $32.4 billion (down 5% year-over-year) and EPS of $0.74 (down 37%). The Street estimate for revenue is $32.3 billion and $0.77 for adjusted EPS. </p>
<p>The company beat consensus modestly in Q3 on continued better-than-expected contributions from COVID vaccines and testing and a strong rebound in the international segment. However, analysts think COVID-driven benefits will start to wane in Q4. </p>
<p>The analysts will also be looking for how the company plans to navigate the weak consumer sentiment and supply chain challenges. In the last call, the company reiterated its full-year guidance of low single-digit EPS growth, implying softness in Q4 on a difficult comp and headwinds from investments in Health and labor. Since that call, the macroeconomic environment has only further deteriorated.</p>

NASDAQ:WBA