Office Depot Misses Estimates
Office Depot Inc. (NYSE:ODP) recently posted lower-than-expected third-quarter 2011 results. The company reported a break-even that missed the Zacks Consensus Estimate by a couple of cents, but portrayed a marginal improvement from a loss of 2 cents a share delivered in the year-ago quarter. On a reported basis, including one-time items, Office Depot’s quarterly earnings [...]
Office Depot Inc. (NYSE:ODP) recently posted lower-than-expected third-quarter 2011 results. The company reported a break-even that missed the Zacks Consensus Estimate by a couple of cents, but portrayed a marginal improvement from a loss of 2 cents a share delivered in the year-ago quarter.
On a reported basis, including one-time items, Office Depot’s quarterly earnings came in at 28 cents a share that more than doubled from 12 cents earned in the prior-year quarter.
Office Depot’s total … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards