On Tuesday we’ll get to see earnings out of The RadioShack Corp. (NYSE: RSH). The estimates for the consumer electric retailer from First Call are $0.72 EPS on $1.33 billion in revenues. Next quarter estimates are $0.28 EPS on $928.13 million in revenues. Estimates for fiscal 2008 are $1.57 EPS on $4.01 billion in revenues.
Analysts have an average price target of $19.00. RadioShack’s 52-week trading range is $13.31 to $35.00, so you can see how bad this one is with more than 50% haircut. early 2007 was the time of this one, but that has come and gone. If a turnaround turned and suddenly came unwound, what would you venture to guess is priced in? With a weak Best Buy and a weak Circuit City, you have to imagine that the bad news is mostly in this one unless Julian Day steps in the dog pile.
It’s hard top imagine any greatness here, and it’s hard to imagine anyone demanding anything better than decent.
Jon C. Ogg
February 26, 2008
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.