Rite Aid (NYSE: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.
Earnings
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.
Past Earnings Performance
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.
