Benzinga | Nov 5, 2020 06:51AM EST

Office Depot Q3 Adj. EPS $1.80 Beats $1.09 Estimate, Sales $2.54B Beat $2.51B Estimate; Resumes Buyback Plan

Office Depot (NASDAQ:ODP) reported quarterly earnings of $1.80 per share which beat the analyst consensus estimate of $1.09 by 65.14 percent. This is a 1100 percent increase over earnings of $0.15 per share from the same period last year. The company reported quarterly sales of $2.54 billion which beat the analyst consensus estimate of $2.51 billion by 1.16 percent. This is a 8.73 percent decrease over sales of $2.78 billion the same period last year.