Staples (SPLS) Ramps 9% on Surprise Q2 'Beat and Raise"
Tweet
Share
E-mailGet Alerts SPLS Hot Sheet
Price: $55.17 -0.63%
Financial Fact:
Cost of goods sold and occupancy costs: 3.91B
Today's EPS Names:
PMCB, PLCE, DOMO, More
Financial Fact:
Cost of goods sold and occupancy costs: 3.91B
Today's EPS Names:
PMCB, PLCE, DOMO, More
Join SI Premium – FREE
Staples, Inc. (Nasdaq: SPLS) is surging over 9 percent in pre-open trading Wednesday following better-than-expected Q2 results and guidance.
Staples reported Q2 EPS of $0.22, $0.02 better than the analyst estimate of $0.20. Revenue for the quarter came in at $5.82 billion versus the consensus estimate of $5.65 billion. Staples, Inc. sees Q3 2011 EPS of $0.46-$0.48, versus the consensus of $0.46. Staples, Inc. sees FY2011 EPS of $1.39-$1.45, versus the consensus of $1.37.
The report could also lift rivals OfficeMax Incorporated (NYSE: OMX) and Office Depot, Inc. (NYSE: ODP).
Staples reported Q2 EPS of $0.22, $0.02 better than the analyst estimate of $0.20. Revenue for the quarter came in at $5.82 billion versus the consensus estimate of $5.65 billion. Staples, Inc. sees Q3 2011 EPS of $0.46-$0.48, versus the consensus of $0.46. Staples, Inc. sees FY2011 EPS of $1.39-$1.45, versus the consensus of $1.37.
The report could also lift rivals OfficeMax Incorporated (NYSE: OMX) and Office Depot, Inc. (NYSE: ODP).
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Reports Of Blasts Across Iran's Southern Regions: State TV - Bloomberg
- Meta: Muse voice transcribe available via Meta model API, Meta AI for Mac, Muse Code; API pricing : $3.00 per 1,000 audio-minutes
- Yext, Inc. (YEXT) Tops Q2 EPS by 4c
Create E-mail Alert Related Categories
Earnings, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
