AP NEWS

Office Depot: 3Q Earnings Snapshot

November 7, 2018

BOCA RATON, Fla. (AP) _ Office Depot Inc. (ODP) on Wednesday reported third-quarter earnings of $60 million.

On a per-share basis, the Boca Raton, Florida-based company said it had profit of 11 cents. Earnings, adjusted for non-recurring costs, were 13 cents per share.

The office supply retailer posted revenue of $2.89 billion in the period.

Office Depot expects full-year revenue of $11.1 billion.

The company’s shares closed at $2.75. A year ago, they were trading at $3.22.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ODP at https://www.zacks.com/ap/ODP

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