Why Office Depot’s Fiscal 2018 Earnings Are Expected to Decline
In fiscal 2018, Office Depot expects its adjusted EPS (earnings per share) to fall to $0.30, down 33.3% YoY (year-over-year). Its effective tax rate is likely to be 31%. Analysts expect the company to report adjusted EPS of $0.31, down 31.1% from fiscal 2017.