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

April 25, 2011 7:00 AM EDT
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.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance