Rite Aid Corp.

NYSE:RAD   1:56:04 PM EDT
+0.03 (+1.38%)
Other Pre-Announcement

Rite Aid Corp Reports Qtrly Earnings Per Share $0.08 From Continuing Operations

Published: 12/17/2020 15:03 GMT
Rite Aid Corp. (RAD) - Q3 Adjusted Earnings per Share $0.40 (not $0.08) From Continuing Operations.
Reports Fiscal 2021 Third Quarter Results.
Q3 Earnings per Share Estimate $-0.05 -- Refinitiv Ibes Data (analyst estimates).
Sees FY Revenue $23.9 Billion to $24.2 Billion.
Q3 Revenue $6.12 Billion Versus Refinitiv Ibes Estimate of $5.84 Billion.
Narrows Fiscal 2021 Guidance.
Qtrly Retail Pharmacy Segment Same Store Sales From Continuing Operations Up 4.3 Percent.
2021 Same Store Sales Expected to Range From Increase of 3.5% to Increase of 4.5% Over Fiscal 2020.
Qtrly Front-end Same Store Sales, Excluding Cigarettes and Tobacco Products, Increased 0.3 Percent.
Sees 2021 Adjusted EBITDA to Be Between $490 Million and $520 Million.
Sees 2021 Capex to Be About $325 Million, Which Includes Previously Announced Acquisition of Bartell Drugs.
Sees 2021 Adjusted Net Income per Share to Be Between $0.45 and $0.85.
Qtrly Earnings per Share $0.08 From Continuing Operations.