Rite Aid (NYSE:RAD) reported its Q4 earnings results on Thursday, April 14, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Rite Aid missed estimated earnings by 191.07%, reporting an EPS of $-1.63 versus an estimate of $-0.56.
Revenue was up $148.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.29 which was followed by a 7.97% drop in the share price the next day.
Here's a look at Rite Aid's past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.14 | -0.48 | 0.22 | -0.76 |
| EPS Actual | 0.15 | -0.41 | 0.38 | -0.78 |
| Revenue Estimate | 6.32B | 6.21B | 6.21B | 5.80B |
| Revenue Actual | 6.23B | 6.11B | 6.16B | 5.92B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
