Benzinga | Sep 23, 2021 07:04AM EDT

Rite Aid Q2 Adj. EPS $(0.41) Beats $(0.48) Estimate, Sales $6.11B Miss $6.21B Estimate

Rite Aid (NYSE:RAD) reported quarterly losses of $(0.41) per share which beat the analyst consensus estimate of $(0.48) by 14.58 percent. This is a 264 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $6.11 billion which missed the analyst consensus estimate of $6.21 billion by 1.61 percent. This is a 2.14 percent increase over sales of $5.98 billion the same period last year.