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Office Depot Inc. Q2 adjusted earnings Miss Estimates

Below are the earnings highlights for Office Depot Inc. (ODP):

-Earnings: -$439 million in Q2 vs. -$24 million in the same period last year.
-EPS: -$8.19 in Q2 vs. -$0.43 in the same period last year.
-Excluding items, Office Depot Inc. reported adjusted earnings of -$4 million or -$0.07 per share for the period.
-Analysts projected $0.08 per share
-Revenue: $2.16 billion in Q2 vs. $2.59 billion in the same period last year.

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