Rite Aid Corporation (NYSE:RAD) is expected to report first quarter earnings results, before market open, on Thursday 25th June 2020.
Analysts polled by Thomson Reuters anticipate first quarter loss of $ 0.38 per share.
Looking ahead, the full year loss are expected at $ 0.73 per share on the revenues of $ 22517.10 million.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 22,500.00 million ~ $ 22,900.00 million, where as bottomline are predicted in a range of $ -0.22 ~ $ 0.19 per share
Stock Performance
According to the previous trading day, closing price of RAD was $ 12.87, representing a 155.36 % increase from the 52 week low of $ 5.04 and a 46.11 % decrease over the 52 week high of $ 23.88.
The company has a market capital of $ 704.03 million and is part of the Consumer Defensive sector and Pharmaceutical Retailers industry.
Conference Call
Rite Aid Corporation will be hosting a conference call at 8:30 AM eastern time on 25th June 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.riteaid.com/corporate/investor-relations/presentations
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and an assortment of other merchandise, including over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other every day and convenience products.
