What follows is a roundup of corporate earnings reports for Thursday, Sept. 24.
BEFORE THE BELL
Rite Aid
The third largest US drug store posted a lower profit of $0.14 per share in their second quarter that ended Aug. 29. Revenue fell 3 percent to $6.3 billion from $6.5 billion a year ago. The company lowered its outlook for 2010 because of the difficult economic climate.
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3Com
The networking solutions posted earnings of 8 cents a share in its first quarter ending Aug. 28, beating analyst estimates. The company also reported higher-than-expected revenue of over $290.5 million, a 15 percent decrease its profit a year ago.
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AFTER THE BELL
Research In Motion
The wireless products manufacturer is expecting a profit of $1.00 per share and a 40 percent revenue increase from last year to $3.62 billion.