The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict OfficeMax's revenues will decrease -4.4% and EPS will compress -17.6%.
The average estimate for revenue is $1.76 billion. On the bottom line, the average EPS estimate is $0.14.
Last quarter, OfficeMax reported revenue of $1.74 billion. GAAP reported sales were 1.7% lower than the prior-year quarter's $1.77 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 $0.27. GAAP EPS of $4.92 for Q3 were much higher than the prior-year quarter's $0.25 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 26.4%, 50 basis points better than the prior-year quarter. Operating margin was 2.5%, 20 basis points better than the prior-year quarter. Net margin was 24.8%, 2,360 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $6.98 billion. The average EPS estimate is $0.75.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 179 members out of 312 rating the stock outperform, and 133 members rating it underperform. Among 90 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 56 give OfficeMax a green thumbs-up, and 34 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 $7.83.
Is OfficeMax the right retailer for your portfolio? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average retailing powerhouse. Click here for instant access to this free report.
- Add OfficeMax to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Office Depot and OfficeMax Complete Merger
The combined entity will do business under the Office Depot name.
OfficeMax Gets FTC Clearance for Office Depot Merger
Deal is expected to close Tuesday.
Why These Office Supply Stocks Surged Today
Does this analyst make a good case? Or is it just more noise from Wall Street?