Walgreens Stock Slides After Q3 Profit Beat, $683 Million Florida Opioid Charge

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Walgreens  (WBA) – Get Walgreens Boots Alliance Inc. Report posted better-than-expected third quarter earnings Wednesday, while booking a $683 million charge linked to an opioid settlement with the state of Florida, amid weakening comparable sales for its U.S. pharmacy division.Walgreens Boots said adjusted earnings for the three months ending in May, the company’s fiscal third quarter, came in at 96 cents per share, down 30.4% from the same period last year and 4 cents ahead of the Street consensus forecast.

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