Rite Aid (RAD) Tops Q3 EPS by 5c
Get Alerts RAD Hot Sheet
Revenue Growth %: -100.0%
Financial Fact:
Income tax expense: 10.93M
Today's EPS Names:
SFST, VLTO, CLIR, More
Join SI Premium – FREE
Rite Aid (NYSE: RAD) reported Q3 EPS of $0.10, $0.05 better than the analyst estimate of $0.05. Revenue for the quarter came in at $6.7 billion versus the consensus estimate of $6.55 billion.
Same store sales for the quarter increased 5.4 percent over the prior year, consisting of a 1.6 percent increase in front-end sales and a 7.2 percent increase in pharmacy sales. Pharmacy sales included an approximate 228 basis point negative impact from new generic introductions. The number of prescriptions filled in same stores increased 4.5 percent over the prior year period. Prescription sales accounted for 69.8 percent of total drugstore sales, and third party prescription revenue was 97.6 percent of pharmacy sales.
For earnings history and earnings-related data on Rite Aid (RAD) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lockheed Martin (LMT) Tops Q1 EPS by 53c, Beats on Revenue; Offers FY24 Guidance
- Ryder System (R) Tops Q1 EPS by 43c
- Philip Morris International (PM) Tops Q1 EPS by 9c; raises guidance
Create E-mail Alert Related Categories
Earnings, Retail SalesRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!