OfficeMax Earnings Preview
OfficeMax (NYS: OMX) came in under analyst's estimates last quarter, but now have a chance to fix things this quarter. The company will unveil its latest earnings Tuesday. OfficeMax provides office supplies and paper, print and document services, technology products and solutions, and furniture to large, medium and small businesses, government offices, and consumers.
What analysts say:
- Buy, sell, or hold?: Analysts are bullish on this stock with eight analysts rating it as a buy and only one rating it as a sell. Analysts don't like OfficeMax as much as competitor Stamps.com overall.
- Revenue forecasts: On average, analysts predict $1.64 billion in revenue this quarter. That would represent a decline of 0.6% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is no growth. Estimates range from a loss of $0.08 to a profit of $0.07.
What our community says:
The majority of CAPS All-Stars see OfficeMax as a good bet, with 66.3% awarding it an "outperform" rating. The majority of the Fools are in agreement with the All Stars as 57.8% give it an "outperform" rating. Fools are keen on OfficeMax and haven't been shy with their opinions lately, logging 117 posts in the past 30 days. OfficeMax's bearish CAPS rating of one out of five stars falls short of the Fool community sentiment.
Revenue has fallen for the past three quarters.
Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows gross, operating, and net margins over the past four quarters.
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At the time this article was published
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