Company News For January 5, 2018
Rite Aid Corporation’s RAD shares decreased 1.4% after reporting fiscal third quarter revenues of $5,353.2 million, falling short of the Zacks Consensus mark of $7,736.4 million
Shares of Walgreens Boots Alliance, Inc. WBA declined 5.2% after posting fiscal first quarter net earnings of $821 million, reflecting a decrease of 22.1% from the prior-year quarter
CVS Health Corporation’s CVS shares increased 2.6% after projecting that fiscal 2018 cash flow to rise by $1.2 billion following the recent tax overhaul
Shares of L Brands, Inc. LB slumped 12.3% after forecasting fourth-quarter earnings per share of $2.00, lower than the mid-point of the previous guidance range of $1.95 to $2.10
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
L Brands, Inc. (LB) : Free Stock Analysis Report
Rite Aid Corporation (RAD) : Free Stock Analysis Report
CVS Health Corporation (CVS) : Free Stock Analysis Report
Walgreens Boots Alliance, Inc. (WBA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research