Walgreens quarterly profit beats estimates on healthcare business boost

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(Reuters) – Walgreens Boots Alliance (NASDAQ:WBA) Inc’s quarterly profit beat Wall Street expectations on Tuesday, on greater contribution from its fledgling healthcare business that operates doctor clinics among others.

Excluding one-off items, the company reported earnings of $1.16 per share for the quarter ended February, higher than the average analyst estimate of $1.10 per share, according to Refinitiv IBES data.