OfficeMax (NYSE: OMX ) is expected to report Q1 earnings around Feb. 22. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict OfficeMax's revenues will wither -0.3% and EPS will grow 13.0%.
The average estimate for revenue is $1.87 billion. On the bottom line, the average EPS estimate is $0.26.
Last quarter, OfficeMax logged revenue of $1.70 billion. GAAP reported sales were 7.4% lower than the prior-year quarter's $1.84 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.16. GAAP EPS were -$0.39 for Q4 against $0.03 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 25.4%, 90 basis points better than the prior-year quarter. Operating margin was -2.9%, 480 basis points worse than the prior-year quarter. Net margin was -2.0%, 220 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $7.00 billion. The average EPS estimate is $0.82.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 175 members out of 312 rating the stock outperform, and 137 members rating it underperform. Among 92 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 54 give OfficeMax a green thumbs-up, and 38 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on OfficeMax is hold, with an average price target of $10.25.
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