Christmas Comes Early For For Walgreen (WAG) Bulls
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Walgreen (WAG) Misses Q1 Expectations on Costs; Still Feels Express Scripts Impact
December 21, 2012 7:54 AM ESTWalgreen (NYSE: WAG) shares are down pretty good in early trading following first-quarter 2013 results that missed the market on both fronts: earnings and sales.
Revenue for the Deerfield, IL-based retail pharmacy giant slipped 4.6 percent to $17.32 billion. Net income plummeted 25.5 percent to $413 million, or 43 cents per share. Exuding one-time items like amortization costs and LIFO provisions, EPS was more robust at 58 cents.
The Street... More
Walgreen Company (WAG) Misses Q1 EPS by 12c
December 21, 2012 7:32 AM ESTWalgreen Company (NYSE: WAG) reported Q1 EPS of $0.58, $0.12 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $17.32 billion versus the consensus estimate of $17.5 billion.
For earnings history and earnings-related data on Walgreen Company (WAG) click here.... More
