Nomura Securities Maintains a 'Neutral' on OfficeMax (OMX); Q1 Preview

Nomura Securities maintains a 'Neutral' on OfficeMax (NYSE: OMX).

Nomura analyst, Aram Rubinson, says, "Reports on 4/28; the company gave very cautious guidance for Q1 on its last call and may well beat our $0.15 EPS estimate. The Street is looking for $0.26 versus $0.39 a year ago. We note there may be a bounce from remarks from the new CEO, although we believe the bounce could be short-lived."

For more ratings news on OfficeMax click here and for the rating history of OfficeMax click here.

Shares of OfficeMax closed at $12.89 yesterday.

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