$2.61B. In Sales Expected For Office Depot, Inc. This Quarter, 2017

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$2.61 Billion in Sales Expected for Office Depot, Inc. (ODP) This Quarter
By Shawn Bailey.

Office Depot logoWall Street brokerages predict that Office Depot, Inc. (NASDAQ:ODP) will announce sales of $2.61 billion for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Office Depot’s earnings. The lowest sales estimate is $2.59 billion and the highest is $2.62 billion. Office Depot reported sales of $2.84 billion in the same quarter last year, which would suggest a negative year-over-year growth rate of 8.1%. The company is scheduled to announce its next quarterly earnings report on Wednesday, November 1st.
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According to Zacks, analysts expect that Office Depot will report full-year sales of $2.61 billion for the current fiscal year, with estimates ranging from $10.04 billion to $10.47 billion. For the next financial year, analysts expect that the company will post sales of $9.77 billion per share, with estimates ranging from $9.49 billion to $10.20 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that cover Office Depot.
https://stocknewstimes.com/2017/10/14/2-61-billion-in-sales-expected-for-office-depot-inc-odp-this-quarter.html

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October 17, 2017 at 11:24 AM