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WBA
Benzinga
133 days

Top Wall Street Forecasters Revamp Walgreens Price Expectations Ahead Of Q2 Earnings

1. WBA to report Q2 earnings on April 8, expected at 53 cents per share. 2. Analysts predict quarterly revenue will increase to $38.0 billion. 3. WBA has agreed to be acquired by Sycamore Partners. 4. Shares rose 0.3% to close at $10.71 on Monday. 5. Analysts express mixed sentiments with multiple downgrades.

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FAQ

Why Bearish?

A significant drop in expected earnings indicates potential financial struggles. Historical examples like other companies facing downgrades after poor earnings often see negative stock reactions.

How important is it?

The article discusses critical upcoming earnings and analyst sentiments influencing WBA's future performance.

Why Short Term?

The upcoming earnings report may cause immediate reactions in the stock price. Similar past earnings releases have led to swift market responses.

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