People make their way near a Walgreens pharmacy on March 09, 2023 in New York City.Â
Leonardo Munoz | Corbis News | Getty Images
Walgreens on Friday reported fiscal first-quarter earnings and revenue that topped expectations, as it shutters stores and cuts other costs to steer itself out of a rough spot.
Here’s what Walgreens reported for the three-month period ended Nov. 30 compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
- Earnings per share: 51 cents adjusted vs. 37 cents expected
- Revenue: $39.46 billion vs. $37.36 billion expected
Even after the big beats, Walgreens maintained its fiscal 2025 adjusted earnings guidance of $1.40 to $1.80 per share. The company did not include annual sales guidance in its release. In October, Walgreens said it expects revenue for the fiscal year of $147 billion to $151 billion.Â
The company’s shares jumped about 10% in premarket trading.
Walgreens capped off a rocky…
