FMP
Jun 27, 2022 4:15 PM - Davit Kirakosyan
Deutsche Bank analysts provided their outlook on Walgreens Boots Alliance, Inc. (NASDAQ:WBA) ahead of the company’s upcoming Q3 earnings, expected to be released on June 30.
The analysts anticipate the company to report revenue of $34.2 billion (up 0.4% year-over-year) and EPS of $0.95 (down 31%) on an adjusted operating income of $868 million. The Street estimates $31.9 billion for Q3 revenue and $0.93 for adjusted EPS.
The company beat consensus last quarter as the Omicron surge drove strong demand for COVID vaccines and testing. In the last call, the company reaffirmed its full-year guidance of low-single-digit adjusted EPS growth but reduced its revenue estimate for Walgreens Health again to $2.2 billion due to a delay in closing the CareCentrix deal.
The analysts see several levers that could drive upside in Q3 results but continue to believe investors may be more focused on guidance for Q4 and any commentary on the full 2023-year.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...