RadioShack Corp. (RSH) Misses Q1 EPS by 2c; Cuts FY11 Outlook

April 25, 2011 7:00 AM EDT
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Price: $0.24 --0%

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Gross profit: 214.2M

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RadioShack Corp. (NYSE: RSH) reported Q1 EPS of $0.33, $0.02 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.07 billion.

Same-store sales fell 0.6 percent.

The company said it expects FY11 EPS of $1.60-$1.80, down from prior guidance of $1.60-$1.90. The Street is currently looking for FY11 EPS of $1.72. Sees sales up low to mid single-digit percentage.

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wedding DJs, emergency cord replacement, and off-brand wireless telephones
H. Chinaski on 2011-04-25 11:39:29
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I can't help but be reminded of "RSH: Even CEO can't figure out how Radio Shack still in business'

which was a pretty successful short prediction actually.

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