Walgreens: year off a good start

(CercleFinance.com) - Unveiled before Wall Street opened on Thursday, Walgreens' first-quarter accounts included EPS of 81 cents, down 16 cents year-on-year.


Excluding extraordinary items, the US pharmaceutical group's EPS however reached 1.28 dollar, or 2 cents more than expected by economists.

Similarly, sales rose by 7.9% year-on-year to 30.7 billion dollars, against 30.4 billion dollars predicted by the consensus.

Walgreens expects EPS of 5.45-5.7 dollars for its new fiscal year.

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