RadioShack (RSH - analysts report again see because of its rapid growth of wireless division. This growth, analysts expected profit expectations continue, increasing results.
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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