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Trending: Top Three Emerging Markets Equity Funds
Daniel Cross
|
These funds specifically invest in emerging market economies with the largest being China...
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The company reported earnings of $1.835 billion, or $1.79 per share, up from $55.4 million, or 6 cents per share, last year. Analysts expected to see EPS of 7 cents.
Revenue
Revenue increased to $6.85 billion from $6.60 billion last year. Analysts expected to see revenue of $6.80 billion.
Outlook
Looking ahead, RAD expects to see FY2016 EPS between 19 cents and 27 cents.
Like other drug companies, Rite Aid is expanding its pharmacy and wellness business to boost sales. During the quarter, prescription sales grew 3.5%; this business segment accounted for 68.1% of total sales.
Symbol | Mutual Fund | Stake |
---|---|---|
RPMGX | T. Rowe Price Mid-Cap Growth | 2.80% |
PRHSX | T. Rowe Price Health Sciences | 2.31% |
NAESX | Vanguard Small Cap Index | 1.81% |
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The company reported earnings of $1.835 billion, or $1.79 per share, up from $55.4 million, or 6 cents per share, last year. Analysts expected to see EPS of 7 cents.
Revenue
Revenue increased to $6.85 billion from $6.60 billion last year. Analysts expected to see revenue of $6.80 billion.
Outlook
Looking ahead, RAD expects to see FY2016 EPS between 19 cents and 27 cents.
Like other drug companies, Rite Aid is expanding its pharmacy and wellness business to boost sales. During the quarter, prescription sales grew 3.5%; this business segment accounted for 68.1% of total sales.
Symbol | Mutual Fund | Stake |
---|---|---|
RPMGX | T. Rowe Price Mid-Cap Growth | 2.80% |
PRHSX | T. Rowe Price Health Sciences | 2.31% |
NAESX | Vanguard Small Cap Index | 1.81% |
If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.
Receive email updates about best performers, news, CE accredited webcasts and more.
News
Daniel Cross
|
These funds specifically invest in emerging market economies with the largest being China...
Jayden Sangha
|
In this article, we will take a closer look at the upcoming initiatives...
Kristan Wojnar, RCC™
|
This week we are tackling the practice management topics of a client-centric approach,...
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...