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Retail

RadioShack Braces For Earnings (RSH)

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By Douglas A. McIntyre Published
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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

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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