Rite Aid (RAD) Tops Q1 EPS by 40c, Offers Guidance

Rite Aid (NYSE: RAD) reported Q1 EPS of ($0.73), $0.40 better than the analyst estimate of ($1.13). Revenue for the quarter came in at $5.65 billion versus the consensus estimate of $5.32 billion.

GUIDANCE:

Rite Aid sees FY2024 EPS of ($4.29)-($4.78), versus the consensus of ($4.79). Rite Aid sees FY2024 revenue of $22.6-23 billion, versus the consensus of $21.8 billion.

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

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