On the technical side, indicators suggest RAD has a 100% Sell on average for the short term. The company’s revenue is forecast to drop by -9.40% over what it did in 2024.Ī company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Rite Aid Corporation No upward and no downward comments were posted in the last 7 days. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2024 is $21.83 billion. The average estimate suggests sales will likely down by -11.50% this quarter compared to what was recorded in the comparable quarter last year. It means analysts are expecting annual earnings per share growth of -50.20% this year and 12.30% next year.Īnalysts have forecast the company to bring in revenue of $5.32 billion for the current quarter, with the likely lows of $5.23 billion and highs of $5.42 billion. Analysts have predicted the quarterly earnings per share to grow by -$1.46 per share this quarter, however they have predicted annual earnings per share of -$4.

Investors’ optimism about the company’s current quarter earnings report is understandable. Rite Aid Corporation, whose market valuation is $116.20 million at the time of this writing, is expected to release its quarterly earnings report – Jun 26, 2023. To unlock this exclusive list, simply provide your first name, last name, and email for instant access. Unlock the Hottest Top 10 Penny Stocks Today! Discover Nowĭive into the world of lucrative penny stocks with MarketClub's groundbreaking 'Smart Scan' technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending.

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