A thirty day period has absent by due to the fact the past earnings report for Ceremony Assist (RAD). Shares have lost about 9.1% in that time body, underperforming the S&P 500.
Will the the latest damaging development continue on major up to its next earnings release, or is Rite Aid due for a breakout? Just before we dive into how buyers and analysts have reacted as of late, let us take a rapid seem at its most modern earnings report in order to get a much better manage on the essential catalysts.
Rite Support Beats Earnings & Revenues Estimates in Q3
Rite Support posted remarkable 3rd-quarter fiscal 2021 effects. Energy in Elixir, increase in pharmacy revenue and strong online efficiency aided quarterly effects. Additional, it stays on keep track of with its RxEvolution system. In addition, cost-cutting steps contributed to quarterly expansion.
Q3 in Depth
The enterprise sent modified