Rite Aid Corp. (NYSE:RAD) posted its quarterly earnings results on Thursday. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.04 by $0.06, American Banking & Market News reports. The company had revenue of $6.60 billion for the quarter, compared to the consensus estimate of $6.54 billion. During the same quarter in the prior year, the company posted $0.13 earnings per share. The company’s quarterly revenue was up 2.2% on a year-over-year basis. Rite Aid Corp. updated its FY15 guidance to $0.31-0.42 EPS. Rite Aid Corporation (NYSE:RAD) shares after opening at $6.73on last trade day and at the end of the day closed at $7.04. Company price to sales ratio in past twelve months was calculated as 0.27 and price to cash ratio as 37.14. Rite Aid Corporation (NYSE:RAD) showed a positive weekly performance of 13.55%.
Pandora Media Inc (NYSE:P) said content acquisition costs, as a percentage of revenue, decreased for the calendar year 2013 due to its ability to monetize listener hours. Content acquisition costs principally consist of royalties paid for streaming music or other content to Pandora’s listeners. Royalties are currently calculated using negotiated rates documented in agreements and are based on both percentage of revenue and listening metrics. Pandora Media Inc (NYSE:P) shares fell -5.06% in last trading session and ended the day on $25.31. P return on equity ratio is recorded as -28.00% and its return on assets is -16.20%. Pandora Media Inc (NYSE:P) yearly performance is 87.76%.
Recent changes to American Airlines Group Inc’s (NASDAQ:AAL) frequent flier program are as notable for what the carrier didn’t do as they are for what it did do, because American didn’t move to price-based frequent flier awards. American Airlines Group Inc (NASDAQ:AAL) shares moved down -4.56% in last trading session and was closed at $33.68, while trading in range of $33.59 – $35.46. American Airlines Group Inc (NASDAQ:AAL) year to date (YTD) performance is 33.39%.
The Gap Inc.(NYSE:GPS) was downgraded to “neutral” from “buy” at Janney Montgomery. The Gap Inc.(NYSE:GPS) shares fell -2.27% in last trading session and ended the day on $38.40. GPS return on equity ratio is recorded as 40.50% and its return on assets is 16.50%. The Gap Inc. (NYSE:GPS) yearly performance is 2.51%.
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