Rite Aid (RAD) Tops Q1 EPS by 10c; Sees Small Loss for the Year

Rite Aid (NYSE: RAD) reported Q1 EPS of ($0.60), $0.10 better than the analyst estimate of ($0.70). Revenue for the quarter came in at $6.01 billion versus the consensus estimate of $5.75 billion.

GUIDANCE:

Rite Aid sees FY2023 EPS of ($1.19)-($0.66), versus the consensus of ($1.41). Rite Aid sees FY2023 revenue of $23.6-24 billion, versus the consensus of $22.91 billion.

For earnings history and earnings-related data on Rite Aid (RAD) click here.

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