Walgreens Boots Earnings beat, Revenue misses In Q2 By Investing.com

Walgreens Boots (NASDAQ:WBA) reported on Wednesday second quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.

Walgreens Boots announced earnings per share of $1.4 on revenue of $32.78B. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $36.49B.

Walgreens Boots shares are up 32.85% from the beginning of the year and are trading at $52.98 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 0.06% from the start of the year.

Walgreens Boots follows other major Services sector earnings this month

Walgreens Boots’s report follows an earnings beat by Pinduoduo on March 17, who reported EPS of $-0.15 on revenue of $26.55B, compared to forecasts EPS of $-0.2543 on revenue of $19.12B.

Costco had missed expectations on March 4 with second quarter EPS of $2.14 on revenue of $44.77B, compared to forecast for EPS of $2.45 on revenue of $43.75B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar