Walgreens Stock Rises as Profit Tops Estimates. It’s Seeing Strong Core Growth.

Walgreens Boots Alliance

shares were rising in premarket trading Tuesday after the retail pharmacy chain reported fiscal second-quarter earnings that beat expectations and maintained profit guidance.

Walgreens (ticker: WBA) posted second-quarter adjusted earnings of $1.16 a share, lower than the $1.59 a share recorded a year ago, but higher than analysts’ expectations of $1.10 a share.