Recap: Rite Aid Q3 Earnings

Rite Aid RAD reported its Q3 earnings results on Tuesday, December 21, 2021 at 07:00 AM.

Here's what investors need to know about the announcement.

Rite Aid beat estimated earnings by 207.14%, reporting an EPS of $0.15 versus an estimate of $-0.14, which surprised analysts.

Revenue was up $112,000,000.00 from the same period last year.

Last quarter the company beat on EPS by $0.07, which was followed by a 3.3% increase in the share price the next day.

Here's a look at Rite Aid's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	-0.48	0.22	-0.76	-0.05
EPS Actual	-0.41	0.38	-0.78	0.40
Revenue Estimate	6.21B	6.21B	5.80B	5.84B
Revenue Actual	6.11B	6.16B	5.92B	6.12B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.