Company Earnings Update 4 minutesRegister for Free AccessOffice Depot (ODP) 3Q18 Results: Beats Consensus Estimates and Raises Guidance Coresight Research November 12, 2018 Executive Summary Office Depot reported 3Q18 adjusted EPS of $0.13, beating the consensus estimate by a penny. Revenues were $2.89 billion, beating the $2.83 billion consensus estimate. Sales increased by 6% as reported and by 1% organically in the Business Solutions division. Services revenues increased by 28% in the Business Solutions division and by 11% in the Retail division. Retail sales declined by 6% as reported and by 5% according to a new revenue recognition standard. The company raised its FY18 revenue guidance to $11.0 billion from $10.8 billion previously and offered FY19 revenue guidance of $11.1 billion, above the consensus estimate of $10.8 billion. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Consumer Sentiment Falls Further After Stock-Market Sell-Off; Plus, Social Commerce in Focus: US Consumer Survey InsightsWeekly UK Store Openings and Closures Tracker 2025, Week 15: Amazon Closes Amazon Fresh Store; T.M.Lewin To Open One StoreEarnings Insights 4Q24, Week 1: Levi Strauss, P&G, Walgreens and Others Post Sales Growth, While Burberry and Kimberly-Clark Report DeclinesEarnings Insights 1Q25, Week 4: Alibaba, Walmart and Others Report Sales Growth While Under Armour Reports Sales Decline—Infographic
