Benzinga | Dec 21, 2021 07:17AM EST

Recap: Rite Aid Q3 Earnings



Rite Aid (NYSE:RAD) reported its Q3 earnings results on Tuesday, December 21, 2021 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Rite Aid beat estimated earnings by 207.14%, reporting an EPS of $0.15 versus an estimate of $-0.14, which surprised analysts.

Revenue was up $112,000,000.00 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07, which was followed by a 3.3% increase in the share price the next day.

Here's a look at Rite Aid's past performance:



Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021EPS Estimate -0.48 0.22 -0.76 -0.05EPS Actual -0.41 0.38 -0.78 0.40Revenue Estimate 6.21B 6.21B 5.80B 5.84BRevenue Actual 6.11B 6.16B 5.92B 6.12B

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.