This company is specialized is engaged in the consumer electronics retailers with stores and pavilion across America and Mexico. It has a market cap of 27 billion dollars.
Wireless promotions income
RadioShack report earnings per share increase 5% 41 points in the same quarter, 2009. Zacks income is online consensus estimates.
Net sales increased 4.7% speed, same - store sales grew solid 6.7%. Many such growth is attributable to a 61% improve the company's wireless platform. RadioShack also increased because as a postpaid wireless carriers to promote sales. Maori 46.1% improve 47.5% sales in the quarter.
Strong Growth Ahead
Over half of RadioShack’s sales come from its fast-growing wireless division, which should help drive earnings growth in the future. The company has also began placing wireless kiosks inside of Target (TGT) stores.Special Offer: Looking for the next ten-bagger stock selling for under $3 per share? Remember Baidu, True Religion Jeans and Chico’s FAS when they were penny stocks? Click for the Top 40 Stocks under $3 from Forbes Low-Priced Stock Report.
Estimates for 2010 and 2011 having been trending up nicely over the last few months, as seen in its Price & Consensus chart:
The Zacks Consensus Estimate for 2010 is $1.84, representing 13% growth over 2009 earnings per share. The consensus estimate for 2011 is $2.10, or 14% above 2010 EPS.
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