On Thursday, December 19, Rite Aid RAD will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Sell-side analysts expect Rite Aid's EPS to be near 9 cents on sales of $5.42 billion.
In the same quarter last year, Rite Aid reported earnings per share of 1 cent on revenue of $5.45 billion. If the company were to match the consensus estimate when it reports Thursday, EPS would be up 800.00%. Sales would be down 0.55% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 | Q2 2019 |
| EPS Estimate | 0.070 | -0.070 | -0.020 | -0.01 | |
| EPS Actual | 0.120 | -0.140 | -0.010 | 0.01 | -0.01 |
Stock Performance
Over the last 52-week period, shares of Rite Aid are up 834.45%. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts generally rate Rite Aid stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Rite Aid is scheduled to hold a conference call at 8:30 a.m. ET and can be accessed here: https://www.riteaid.com/corporate/investor-relations/presentations
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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