Circuit City Earnings Scheduled Monday
In anticipation of the event Circuit City’s share price has increased from about $27.5 a share on Monday to $29.5 on Friday. Earnings estimates range from $.04 to -$.01 per share, with the average at $.01. Circuit CIty has has outperformed estimates the last three quarters. This season, Circuit City’s weakest, is likely to be a big change from last years first quarter which resulted in a -$.07 per share loss.