Office Depot (ODP) Tops Q4 EPS by 3c, Offers FY Guidance
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Office Depot (NASDAQ: ODP) reported Q4 EPS of $0.12, $0.03 better than the analyst estimate of $0.09. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.62 billion.
GUIDANCE:
Office Depot sees FY2020 revenue of $10.5 billion, versus the consensus of $10.46 billion.
Sales | ~$10.5 billion |
Adjusted EBITDA | ~$550 million |
Adjusted Operating Income | ~$350 million |
Free Cash Flow(1)(3)(8) | ~$300 million |
Underlying assumptions include: |
|
Net interest expense | ~$60 million |
Non-GAAP effective tax rate | ~30% |
Capital expenditures | Up to $150 million |
Cash tax rate | ~10% |
For earnings history and earnings-related data on Office Depot (ODP) click here.
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