Filed under: Earnings Reports, RadioShack Corp (RSH), Technical Analysis
Electronics retailer RadioShack Corporation (RSH) -- or "The Shack," if you take your cues from aggressively quirky marketing campaigns -- is preparing to unleash its fourth-quarter earnings results. RadioShack will take the earnings stage after the market closes next Monday, Feb. 22, with analysts surveyed by Thomson Reuters expecting a per-share profit of 58 cents. This would mark a modest improvement from the company's year-ago profit of 50 cents per share.
RadioShack has a mixed history in the earnings spotlight -- during the past four reporting periods, the company has surpassed consensus estimates twice, and fallen short on the other two occasions. However, there's just cause to believe that business is booming at The Shack, since the retailer scored a deal to sell a little gadget known as the iPhone in its retail outlets.
Continue reading Shorts Take a Bold Stance Ahead of RadioShack's Earnings
Shorts Take a Bold Stance Ahead of RadioShack's Earnings originally appeared on BloggingStocks on Fri, 19 Feb 2010 17:30:00 EST. Please see our terms for use of feeds.
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