Office Depot Upgraded by Zacks to Hold

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    • Jan 2009
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    Office Depot Upgraded by Zacks to Hold

    Zacks' analyst wrote, "Office Depot's first-quarter fiscal 2015 adjusted earnings of $0.13 per share came in line with the Zacks Consensus Estimate, while jumping 86% year over year due to synergies from the OfficeMax merger. However, store closures and currency headwinds continue to mar revenues which fell 11% from the prior-year quarter and were way below the Zacks Consensus Estimate.


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