Rite Aid (RAD) Tops Q3 EPS by 2c, Revenue Comes in Light
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Rite Aid (RAD) Will Close Up Today, Susquehanna's Stauff Predicts
January 4, 2018 9:45 AM ESTSusquehanna's special situation analyst Joe Stauff said while Rite Aid (NYSE: RAD) is trading lower pre-open they expect the stock to be up on the day following Q3 results. He provided 4 primary take-aways:
Divestiture Closings Accelerating and Will Reduce RAD's Debt To ~$3B By April. Management seemed VERY confident in the divestiture closing process (as of 1/3/18, RAD closed 356 store closings receiving $714m in proceeds or 18.5% of the 1,932 stores to be sold) and repeatedly reiterated that they expect to complete the closing by end of April 2018 ("spring," "in fiscal 1Q"... More
Rite-Aid (RAD) PT Raised to $2.50 at Cowen Following Better Q3
January 4, 2018 6:04 AM ESTCowen analyst Charles Rhyee raised his price target on Rite-Aid (NYSE: RAD) to $2.50 (from $2.15) while maintaining a Outperform rating following better-than-expected Q3 results.
Rhyee commented, "Proforma F3Q18 results came in better than we expected with adj. EBITDA of $153M (ex-corp expenses... More
