Stock Analysts

Will Cerner’s (CERN) Earnings Pull a Surprise in Q2?

Cerner Corp CERN is slated to report second-quarter 2015 earnings on Aug 4. In the last quarter, the company reported earnings of 42 cents which were in line with the Zacks Consensus Estimate. We note that Cerner has outperformed the Zacks Consensus Estimate in three of the preceding four quarters, with an average surprise of 1.3%. […]

Stock Analysts

Rite Aid’s (RAD) July Comps Rise 2.4% on Strategic Initiatives

Drugstore chain retailer Rite Aid Corporation RAD reported healthy sales results for the month of July. The company’s comparable-store sales (comps) for the four weeks ended Jul 25, 2015 rose 2.4% year over year, reflecting an increase in front-end and pharmacy comps as well as rise in prescription count at comparable stores. Pharmacy comps went up 3.4%, including a negative impact of nearly 221 basis points from generic drug introduction […]