Investors always wanting lower prices. Include me. RAD continues to creep higher on no known news.
Should be news soon that Rite Aid has hit 3 million vaccinations and expects at least another million by end of quarter. I think I'm being conservative as millions of doses going to mass vaccination centers are now being shipped to pharmacies. Mass vaccination centers are now actually being closed as the public is no longer in panic mode and wants the vaccination in setting with licensed professionals that keep personals records on file.
4 million does X $40 per dose = $160 million Vaccinations are considered high margin at $17. $25 margin on vaccination = $100 million margin
That would equal $2.00 earnings per share.
Slower pace next 4 months = another 4 million vaccinations. = $2.00 earnings.
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