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Why Office Depot’s Fiscal 2018 Earnings Are Expected to Decline

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.