Earnings out next Wednesday before the open. Analysts expect 22 cents on rev of $5.73B. Share price moving nicely through 50-day MA,showing strength today despite ODP's miserable report. With a little bit of luck next week (earnings at least in line, with a little optimism from management) and no macro surprises, $15 could be in sight in the not-to-distant future.
I fully expect earnings to beat by a penny or two, with a sizable revenue miss tomorrow. I follow this company closely and cannot see anything positive coming out of the international division. Europe and Australia are simply sucking wind while the US appears to be as flat as a pancake. They will likely prop up the ebitda number to beat the street to create a positive buzz but the reality is they are simply lost under MM outside of the US.