Investing.com - Walgreen, the biggest U.S. drugstore chain, reported fourth quarter earnings that were broadly in line with market expectations, despite missing on revenue figures, it announced early Tuesday.
Earlier in the day, in its fourth quarter earnings report, Walgreen said adjusted earnings per share came in at USD0.73, in line with forecasts.
The company’s fourth quarter revenue totaled USD17.94 billion, slightly below forecasts for revenue of USD17.95 billion.
Following the release of the report, Walgreen shares rose 0.9% in pre-market trade.
Meanwhile, the outlook for U.S. equity markets was mildly higher. The Dow Jones Industrial Average futures pointed to a gain of 0.25% at the open, S&P 500 futures added 0.3%, while the Nasdaq 100 futures indicated a rise of 0.3% at the open.