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    Office Depot: Earnings Preview

    Tue, 05/01/2012 - 04:05 EDT - Seeking Alpha
    • ODP
    • Zacks Investment Research

    By Zacks Investment Research:
    Office Depot Inc. (ODP), one of the leading suppliers of office products and services across the globe, will release its first-quarter 2012 financial results on Tuesday, May 1, 2012.The current Zacks Consensus Estimate for the quarter is 5 cents a share compared with a break-even in the prior-year quarter. The estimates in the current Zacks Consensus range between a low of 3 cents and a high of 8 cents a share. The Zacks Consensus revenue estimate is pegged at $2,884 million for the quarter under discussion.

    Recap of Fourth-Quarter 2011

    Despite sluggish economic recovery and underlying pressure in Europe, Office Depot posted better-than-expected fourth-quarter 2011 bottom-line results. The company reported earnings of 3 cents a share, surpassing the Zacks Consensus Estimate of a break-even. Looking out to the year-over-year performance, earnings marked a sharp improvement from a loss of 10 cents delivered in the year-ago quarter.Office Depot's totalComplete Story »

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    Related

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      By Zacks Investment Research: Tiffany & Company (TIF), a high-end jewelry designer, manufacturer and retailer and an S&P 500 company, is slated to report its first-quarter 2012 financial results on Thursday, May 24.

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      By Zacks Investment Research: Staples Inc. (SPLS), one of the global leaders in the supply of office products, is slated to report its first-quarter 2012 financial results on Wednesday, May 16.

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      Zacks.com submits:

    • Staples: Earnings Preview

      By Zacks Investment Research: Staples Inc. (SPLS), a leading retailer of office products and services, is slated to report its second-quarter 2012 financial results on August 15, 2012.

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      By Zacks Investment Research: The New York Times Company (NYT), the publisher of The New York Times, the International Herald Tribune and The Boston Globe, is scheduled to report its first-quarter 2012 financial results on Thursday, April 19, 2012.

    • Office Depot Earnings Preview

      Zacks.com submits: Office Depot Inc. (ODP), the supplier of office products, is scheduled to report its first-quarter 2011 financial results on April 26. The current Zacks Consensus Estimate for the quarter is 3 cents a share. For the quarter under review, revenue is $2,982 million, according to the Zacks Consensus Estimate.

    • Kroger Earnings Preview

      By Zacks Investment Research: The Kroger Company (KR), one of the largest grocery retailers and an S&P 500, is slated to report its fourth quarter and fiscal 2011 financial results before the market opens on Thursday, March 1, 2012.

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