Rite Aid (NYSE:RAD) will be announcing its earnings results before the market opens on Thursday, September 24th. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
Rite Aid (NYSE:RAD) last released its quarterly earnings data on Thursday, June 25th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.38) by $0.34. Rite Aid had a positive return on equity of 1.66% and a negative net margin of 1.84%. The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.61 billion. The company’s revenue was up 12.2% on a year-over-year basis. On average, analysts expect Rite Aid to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NYSE:RAD opened at $13.67 on Tuesday. The company has a debt-to-equity ratio of 5.44, a current ratio of 1.47 and a quick ratio of 0.75. Rite Aid has a 1 year low of $6.59 and a 1 year high of $23.88. The stock’s 50 day simple moving average is $13.73 and its two-hundred day simple moving average is $14.19. The company has a market cap of $746.97 million, a price-to-earnings ratio of -1.75 and a beta of 0.76.
Rite Aid Company Profile
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and an assortment of other merchandise, including over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other every day and convenience products.
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