Benzinga | Jun 24, 2021 07:06AM EDT

Rite Aid Q1 EPS $0.38 Beats $0.22 Estimate, Sales $6.16B Miss $6.21B Estimate

Rite Aid (NYSE:RAD) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.22 by 72.73 percent. This is a 1050 percent increase over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $6.16 billion which missed the analyst consensus estimate of $6.21 billion by 0.81 percent. This is a 2.21 percent increase over sales of $6.03 billion the same period last year.