The flat margin generated “widespread disappointment,” Ajay Jain, an analyst at Hapoalim, said in an e-mail. Walgreen met Wall Street earnings expectations but many analysts thought they would beat the consensus, said another analyst, Jeff Jonas of Gabelli & Company.
Nobody can beat Walgreens. They are THE GOLD STANDARD.ZZZZOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOMMMMMMM!!!
LOL!Anyone know if Walgreens is adding meat to its Food Desert assortment?Bwahahahahahahahahahahahahahahahahahahahahaha!Tata,Yank
Yes, the would was self inflicted last quarter.
"but many analysts thought they would beat the consensus," Which is really stupid since these same ananlyst had raised the "expected" EPS from .77 to .80.Still, growth trend continues.
You know how Wall Street works. The analysts raised their expectations thinking that Walgreens trend of continued expansion of margins would continue. They didn't this quarter. So analysts react.