Walgreens Boots Alliance (WBA) Beats Q2 Earnings and Revenue Estimates

Group 1 - Walgreens Boots Alliance (WBA) reported quarterly earnings of $0.63 per share, exceeding the Zacks Consensus Estimate of $0.53 per share, but down from $1.20 per share a year ago, representing an earnings surprise of 18.87% [1] - The company posted revenues of $38.59 billion for the quarter ended February 2025, surpassing the Zacks Consensus Estimate by 1.75%, compared to $37.05 billion in the same quarter last year [2] - Walgreens shares have increased approximately 14.8% since the beginning of the year, contrasting with the S&P 500's decline of -13.9% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.32 on revenues of $36.92 billion, and for the current fiscal year, it is $1.61 on revenues of $151.51 billion [7] - The Zacks Industry Rank for Retail - Pharmacies and Drug Stores is currently in the top 2% of over 250 Zacks industries, indicating strong performance potential [8] - The estimate revisions trend for Walgreens is favorable, leading to a Zacks Rank 2 (Buy) for the stock, suggesting expected outperformance in the near future [6]