Walgreens Boots Alliance (WBA) is ready to report first quarter fiscal earnings outcomes for 2025 on Friday which are largely anticipated to be in step with expectations.
First quarter income is estimated to be $37.3 billion, whereas earnings per share is estimated to be $0.38, based on Bloomberg.
Traders are keen to listen to updates about potential buyout talks with Sycamore Companions, which have been ongoing since December.
JPMorgan analyst Lisa Gill wrote in a be aware to buyers on Monday that there’s unlikely to be an replace on Friday and that she is as an alternative extra centered on the cost-savings technique the corporate has applied since CEO Tim Wentworth took over in 2023.
At shut: January 8 at 4:00:01 PM EST
“We anticipate that there can be questions on the earnings name, however at this juncture we’re skeptical that administration will present a lot in the way in which of commentary. Consequently, we imagine rather more of the strategic focus that administration will describe can be on retailer closures and price financial savings packages,” Gill wrote.
Different areas to look at are the corporate’s prescription quantity, additional retailer closures, and VillageMD’s efficiency. Entrance-of-store gross sales, an space that has been weak for the trade for years, are anticipated to proceed to weigh on the corporate’s earnings within the new 12 months.
“Entrance-end weak spot just isn’t a brand new pattern for WBA and up to date quarters have seen promotional actions deployed by WBA, and our overview of Bloomberg card information signifies that unfavourable [year-over-year] y/y declines endured via F1Q25, with y/y declines worse than F4Q24. Given the front-end accretion to retail pharmacy gross margins, we anticipate that gross margins will stay delicate as front-end progress doesn’t enhance,” Gill wrote.
Anjalee Khemlani is the senior well being reporter at Yahoo Finance, overlaying all issues pharma, insurance coverage, care providers, digital well being, PBMs, and well being coverage and politics. That features GLP-1s, in fact. Observe Anjalee on social media platforms X (Twitter), LinkedIn Bluesky @AnjKhem.
Click on right here for in-depth evaluation of the newest well being trade information and occasions impacting inventory costs.
