Rite Aid Reports Fiscal 2018 Second Quarter Results

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Go back to Rite Aid Reports Fiscal 2018 Second Quarter Results

Rite-Aid (RAD) PT Lowered to $2 at Loop Capital

September 29, 2017 6:08 AM EDT

Loop Capital lowered estimates and its price target on Rite-Aid (NYSE: RAD) to $2.00 (from $2.50) while maintaining a Hold rating.

Analyst Andrew Wolf noted the Q2 miss was related to reimbursement pressure.

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Rite Aid (RAD) Misses Q2 EPS by 2c

September 28, 2017 7:01 AM EDT

Rite Aid (NYSE: RAD) reported Q2 EPS of ($0.01), $0.02 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $7.7 billion versus the consensus estimate of $7.84 billion.

Second Quarter Net Income of $170.7 Million or $0.16 Per Diluted Share, Compared to the Prior Year Second Quarter Net Income of $14.8 Million or $0.01 Per Diluted ShareSecond Quarter... More