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

Toner News Mobile Forums Toner News Main Forums $2.61B. In Sales Expected For Office Depot, Inc. This Quarter, 2017

Tonernews.com, October 17, 2017. USA
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    $2.61 Billion in Sales Expected for Office Depot, Inc. (ODP) This Quarter
    By Shawn Bailey.

    Image result for Office Depot, Inc

    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.

    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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