On Tuesday morning we’ll get to see earnings out of Staples, Inc. (NASDAQ: SPLS). The estimates for the office supplier from First Call are $0.47 EPS on $5.37 billion in revenues. Next quarter estimates are $4.91 billion in revenues. Estimates for fiscal Jan-2009 are $1.58 EPS on $20.88 billion in revenues.
This last acquisition offer for Corporate Express (NYSE: CXP) is also going to be a key focus as this stock has been dead money. Analysts have an average price target north of $27.00 and Staples’ 52-week trading range is $19.69 to $27.00. On last look, this had just over 15 million shares listed as being in the short interest.
Jon C. Ogg March 1, 2008
“The Next NVIDIA” Could Change Your Life
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.
