While reporting financial results for the third quarter on Thursday, retail pharmacy Walgreens Boots Alliance, Inc. (WBA) raised its adjusted earnings growth guidance for the full-year 2021, based on strong results in the third quarter and greater clarity on the impact of COVID-19 vaccinations.
For fiscal 2021, the company raised its adjusted earnings growth guidance to around 10 percent growth in constant currency from the prior forecast for a growth in the mid-to-high single digits.
On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $4.69 per share for the year. Analysts' estimates typically exclude special items.
Additionally, Walgreens said it has completed the divestiture of the Alliance Healthcare businesses to AmerisourceBergen for a total consideration of $6.5 billion, made up of $6.275 billion in cash and 2 million shares of AmerisourceBergen common stock.
Walgreens has used a portion of the proceeds to eliminate $3.3 billion in debt from its balance sheet and will deploy the remainder to accelerate growth of its core retail pharmacy and healthcare businesses.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.