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Walgreens Boots Earnings Estimate

WBA Stock  USD 21.69  0.67  3.19%   
The next projected EPS of Walgreens Boots is estimated to be 0.82 with future projections ranging from a low of 0.71 to a high of 0.82. Walgreens Boots' most recent 12-month trailing earnings per share (EPS TTM) is at 0.66. Please be aware that the consensus of earnings estimates for Walgreens Boots Alliance is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Walgreens Boots is projected to generate 0.82 in earnings per share on the 29th of February 2024. Walgreens Boots earnings estimates module stress-tests analyst consensus about projected Walgreens Boots Alliance EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Walgreens Boots, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Walgreens Boots' earnings estimates, investors can diagnose different trends across Walgreens Boots' analyst sentiment over time as well as compare current estimates against different timeframes. At present, Walgreens Boots' Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit Margin is expected to grow to 0.30, whereas Pretax Profit Margin is projected to grow to (0.04).
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Walgreens Boots Earnings Estimation Breakdown

The calculation of Walgreens Boots' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Walgreens Boots is estimated to be 0.82 with the future projection ranging from a low of 0.71 to a high of 0.82. Please be aware that this consensus of annual earnings estimates for Walgreens Boots Alliance is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.66
0.71
Lowest
Expected EPS
0.82
0.82
Highest

Walgreens Boots Earnings Projection Consensus

Suppose the current estimates of Walgreens Boots' value are higher than the current market price of the Walgreens Boots stock. In this case, investors may conclude that Walgreens Boots is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Walgreens Boots' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 29th of February 2024Current EPS (TTM)
2495.38%
0.66
0.82
0.66

Walgreens Boots Earnings History

Earnings estimate consensus by Walgreens Boots Alliance analysts from Wall Street is used by the market to judge Walgreens Boots' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Walgreens Boots' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Walgreens Boots Quarterly Gross Profit

7.04 Billion

The current year's Retained Earnings is expected to grow to about 39.9 B, whereas Retained Earnings Total Equity is forecasted to decline to about 35.7 B. The current year's Common Stock Shares Outstanding is expected to grow to about 807.2 M, whereas Net Loss is projected to grow to (3.4 B).
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Walgreens Boots' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
19.5021.6923.88
Details
Intrinsic
Valuation
LowRealHigh
20.3722.5624.75
Details
Naive
Forecast
LowNextHigh
19.0621.2523.45
Details
20 Analysts
Consensus
LowTargetHigh
23.7626.1128.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Walgreens Boots. Your research has to be compared to or analyzed against Walgreens Boots' peers to derive any actionable benefits. When done correctly, Walgreens Boots' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Walgreens Boots Alliance. Note that many institutional investors and large investment bankers can move markets due to the volume of Walgreens assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Walgreens Boots. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Walgreens Boots' stock price in the short term.

Walgreens Boots Earnings per Share Projection vs Actual

Actual Earning per Share of Walgreens Boots refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Walgreens Boots Alliance predict the company's earnings will be in the future. The higher the earnings per share of Walgreens Boots, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Walgreens Boots Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Walgreens Boots, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Walgreens Boots should always be considered in relation to other companies to make a more educated investment decision.

Walgreens Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Walgreens Boots' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-01-04
2023-11-300.610.660.05
2023-10-12
2023-08-310.690.67-0.02
2023-06-27
2023-05-311.071.0-0.07
2023-03-28
2023-02-281.11.160.06
2023-01-05
2022-11-301.141.160.02
2022-10-13
2022-08-310.770.80.03
2022-06-30
2022-05-310.920.960.04
2022-03-31
2022-02-281.41.590.1913 
2022-01-06
2021-11-301.331.680.3526 
2021-10-14
2021-08-311.021.170.1514 
2021-07-01
2021-05-311.171.380.2117 
2021-03-31
2021-02-281.111.260.1513 
2021-01-07
2020-11-301.031.220.1918 
2020-10-15
2020-08-310.961.020.06
2020-07-09
2020-05-311.170.83-0.3429 
2020-04-02
2020-02-291.461.520.06
2020-01-08
2019-11-301.411.37-0.04
2019-10-28
2019-08-311.411.430.02
2019-06-27
2019-05-311.431.470.04
2019-04-02
2019-02-281.721.64-0.08
2018-12-20
2018-11-301.431.460.03
2018-10-11
2018-08-311.451.480.03
2018-06-28
2018-05-311.481.530.05
2018-03-28
2018-02-281.551.730.1811 
2018-01-04
2017-11-301.261.280.02
2017-10-25
2017-08-311.211.310.1
2017-06-29
2017-05-311.31.330.03
2017-04-05
2017-02-281.361.360.0
2017-01-05
2016-11-301.091.10.01
2016-10-20
2016-08-310.991.070.08
2016-07-06
2016-05-311.141.180.04
2016-04-05
2016-02-291.281.310.03
2016-01-07
2015-11-300.961.030.07
2015-10-28
2015-08-310.810.880.07
2015-07-09
2015-05-310.871.020.1517 
2015-04-09
2015-02-280.951.180.2324 
2014-12-23
2014-11-300.750.810.06
2014-09-30
2014-08-310.740.740.0
2014-06-24
2014-05-310.940.91-0.03
2014-03-25
2014-02-280.930.91-0.02
2013-12-20
2013-11-300.720.65-0.07
2013-10-01
2013-08-310.720.730.01
2013-06-25
2013-05-310.910.85-0.06
2013-03-19
2013-02-280.940.960.02
2012-12-21
2012-11-300.70.58-0.1217 
2012-09-28
2012-08-310.560.53-0.03
2012-06-19
2012-05-310.620.630.01
2012-03-27
2012-02-290.770.780.01
2011-12-21
2011-11-300.670.63-0.04
2011-09-27
2011-08-310.550.570.02
2011-06-21
2011-05-310.630.650.02
2011-03-22
2011-02-280.80.80.0
2010-12-22
2010-11-300.540.620.0814 
2010-09-28
2010-08-310.440.490.0511 
2010-06-22
2010-05-310.570.51-0.0610 
2010-03-23
2010-02-280.710.68-0.03
2009-12-21
2009-11-300.480.490.01
2009-09-29
2009-08-310.390.440.0512 
2009-06-22
2009-05-310.560.53-0.03
2009-03-23
2009-02-280.660.65-0.01
2008-12-22
2008-11-300.460.41-0.0510 
2008-09-29
2008-08-310.450.450.0
2008-06-23
2008-05-310.590.58-0.01
2008-03-24
2008-02-290.670.690.02
2007-12-21
2007-11-300.440.460.02
2007-10-01
2007-08-310.470.4-0.0714 
2007-06-25
2007-05-310.540.550.01
2007-03-26
2007-02-280.610.650.04
2006-12-22
2006-11-300.410.430.02
2006-09-25
2006-08-310.410.4-0.01
2006-06-26
2006-05-310.440.460.02
2006-03-27
2006-02-280.520.51-0.01
2006-01-03
2005-11-300.330.340.01
2005-09-26
2005-08-310.370.35-0.02
2005-06-27
2005-05-310.380.40.02
2005-03-28
2005-02-280.480.47-0.01
2005-01-03
2004-11-300.290.310.02
2004-09-27
2004-08-310.310.320.01
2004-06-21
2004-05-310.320.330.01
2004-03-22
2004-02-290.420.41-0.01
2004-01-05
2003-11-300.250.250.0
2003-09-29
2003-08-310.270.270.0
2003-06-23
2003-05-310.290.28-0.01
2003-03-24
2003-02-280.360.360.0
2003-01-03
2002-11-300.20.210.01
2002-09-30
2002-08-310.250.24-0.01
2002-06-24
2002-05-310.250.250.0
2002-03-25
2002-02-280.320.320.0
2002-01-03
2001-11-300.170.180.01
2001-10-01
2001-08-310.210.210.0
2001-06-25
2001-05-310.220.21-0.01
2001-03-26
2001-02-280.280.280.0
2001-01-02
2000-11-300.150.150.0
2000-10-02
2000-08-310.190.190.0
2000-06-26
2000-05-310.180.190.01
2000-03-27
2000-02-290.240.23-0.01
2000-01-03
1999-11-300.130.130.0
1999-10-04
1999-08-310.160.160.0
1999-06-28
1999-05-310.150.160.01
1999-03-29
1999-02-280.20.20.0
1999-01-04
1998-11-300.10.110.0110 
1998-10-05
1998-08-310.130.130.0
1998-06-29
1998-05-310.130.130.0
1998-03-30
1998-02-280.170.170.0
1998-01-05
1997-11-300.090.090.0
1997-09-29
1997-08-310.110.110.0
1997-06-30
1997-05-310.110.110.0
1997-03-31
1997-02-280.150.150.0
1997-01-06
1996-11-300.070.080.0114 
1996-09-30
1996-08-310.090.090.0
1996-06-24
1996-05-310.090.090.0
1996-03-25
1996-02-290.130.130.0
1996-01-02
1995-11-300.060.070.0116 

About Walgreens Boots Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Walgreens Boots earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Walgreens Boots estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Walgreens Boots fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2024
Retained Earnings38 B39.9 B
Retained Earnings Total Equity43.5 B35.7 B
Price Earnings Ratio(8.15)(7.75)
Price Earnings To Growth Ratio 0.05  0.05 

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When determining whether Walgreens Boots Alliance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Walgreens Boots' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Walgreens Boots Alliance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Walgreens Boots Alliance Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Walgreens Boots Alliance information on this page should be used as a complementary analysis to other Walgreens Boots' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Walgreens Boots' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Walgreens Boots. If investors know Walgreens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Walgreens Boots listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.59)
Dividend Share
1.92
Earnings Share
0.66
Revenue Per Share
165.003
Quarterly Revenue Growth
0.1
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Walgreens Boots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.