Staples and These 3 Stocks Saw Trading Price Swings This Past Week Post Earnings
Staples, Inc. (NASDAQ:SPLS) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 11.11% to $0.16 in the quarter versus EPS of $0.18 in the year-earlier quarter. Revenue Decreased 3.34% to $5.31 billion from the year-earlier quarter.
Staples, Inc. reported adjusted EPS income of $0.16 per share. By that measure, the company missed the mean analyst estimate of $0.18. It missed the average revenue estimate of $5.37 billion.