Rite Aid 1Q Earnings Pregame Scorecard

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Having missed analysts' estimates last quarter, Rite Aid gets a chance to make up for it as it delivers its latest earnings on Thursday, June 21, 2012.

Expectations

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Analysts currently expect Rite Aid to come in with a loss of -3 cents per share on revenues of $6.43 billion. Analyst estimates range from -5 cents per share to -1 cents per share. Over the past three months, the average estimate has moved up from a loss of 4 cents.

Last Quarter's Results

In the fourth quarter of the last fiscal year, the company's loss narrowed to a loss of $161.3 million (19 cents a share) from a loss of $205.7 million (24 cents) a year earlier, but missed analyst expectations. Revenue rose 10.7% to $7.15 billion from $6.46 billion.

Stock Ratings

Analysts think investors should stand pat on Rite Aid with three of four analysts rating it hold. The average analyst rating of the stock has stayed unchanged from three months prior.

Stock Movement

The stock price has been falling recently The share price has fallen 55 cents since April 5, 2012. Looking at change over the last three months, March 21, 2012 and June 15, 2012, the stock price fell 68 cents (-36.6%), from $1.86 to $1.18.

Company Fundamental Trends

Summary

Reporting Period: 1Q

Date of Release: Thursday, June 21, 2012

EPS: -3 cents net oss

Revenue Estimate: $6.43 billion