Updated from 4:59 p.m. ET with the latest share prices and information about Baidu.com, McKesson, and Align Technology.
NEW YORK ( TheStreet) -- Shares of RadioShack (RSH) fell sharply in late trades on Monday after the electronics retailer gave a below-consensus profit outlook for its fiscal fourth quarter because of margin weakness stemming from its business with Sprint (S).
Fort Worth, Texas-based RadioShack now sees earnings of 11 to 13 cents a share for the December-ended period on sales of $1.39 billion, well below the current average estimate of analysts polled by Thomson Reuters for a profit of 37 cents a share on sales of $1.35 billion.
The company said it sees consolidated gross profit as a percentage of sales coming in at 35% for the quarter, down from 41% in the same period a year earlier.
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