Can Staples, Inc. (NASDAQ:SPLS) grow after Earnings?

Staples, Inc. (NASDAQ:SPLS) moved down -0.13% and closed its last trading session at $7.54. This Retail-Wholesale Sector stock currently has the Market Capitalization of 4.91 Billion. The Average Volume for the stock is measured as 6.55 Million. The Stock has a 52-Week High of $13.5 and 52-Week Low of $7.38 following the dates, it touched its 52-Week High on Nov 3, 2015 and 52-Week Low on Oct 17, 2016. Currently, the Return on Assets value for the trailing twelve months is -4.1% with the Return on Equity and Return on Investment of -8.5% and 8.2% respectively. This firm currently has YTD (year to date) performance of -17.1 Percent which is not good. The Short Ratio for the stock is 2.66.

Staples, Inc. (NASDAQ:SPLS) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-0.68. The TTM operating margin is -1.4 percent.

Staples, Inc. (NASDAQ:SPLS) is due to report its Earnings on Wed 16 Nov (In 24 Days). The estimated EPS for the current quarter is said to be $0.34. Following Earnings result, share price were DOWN 21 times out of last 28 Qtrs. The stock has reduced about -18% since it reported its last earnings. The Closing price of Staples, Inc. (NASDAQ:SPLS) at Last Earnings was $9.2 as compared to the previous closing price of $7.55. The Predicted Move on the 7th day after Staples, Inc. (NASDAQ:SPLS) will release its earnings at about 6%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Staples, Inc. (NASDAQ:SPLS) beats earnings by 16%, The Stock Missed Earnings  3  times and has met earnings  7  times.

Earnings History:

We will discuss the past Quarters Earnings below:

Staples, Inc. (NASDAQ:SPLS) reported its previous quarter on 08/17/2016 where it reported the Actual Earnings of $0.12. The Closing price before the company posted its earnings was $9.2. The Stock declined on the very next day of earnings and maintained its stock price at $8.55 by showing a % change of -7.07 percent from its previous closing price. The Next Day Volume after Earnings was reported as 26.71 Million. On the 7th day After Earnings Report, the stock hit its share price as $8.56 by showing -6.96% decrease from the Stock price Before Earnings were reported.

On 05/18/2016, the stock reported the EPS of $0.17 where Analysts were projecting the EPS to be $0.16 showing a difference of $0.01. Thus Surprise Factor was there with 6.3 percent. Before Earnings Announcement on 05/18/2016, the firm had its stock price of $8.05. And immediately on the next day after earnings announcement, the stock declined -0.5% and closed its trading session at $8.01. On 7th Day after earnings release, Staples, Inc. (NASDAQ:SPLS) surged to 2.48% from $8.05 to $8.25.

On 03/04/2016, Analysts were suspecting EPS of $0.28/share where Staples, Inc. (NASDAQ:SPLS) reported its Actual EPS of $0.26. Thus showing a Surprise of -7.1 percent. The Closing Price of the stock before earnings was $9.49 while on the Next day the stock closed its trading session at $9.23 with a percentage change of -2.74% from the price of 9.49 before Earnings. The Stock Closing Price on the 7th day of earnings was $9.15.

Company Profile:

Staples, Inc., together with its subsidiaries, operates office products superstores. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations. The company offers a range of office supplies, business technology products, facility and breakroom supplies, computers and mobility products, and office furniture under the Staples, Quill, and other proprietary brands. It also provides copy and print services, as well as technology services. The company sells and delivers office products and services directly to businesses and consumers through its Staples.com and Staples.ca, and Quill.com Websites, as well as through retail stores, and Internet and direct mail catalogs. As of January 30, 2016, it operated approximately 1,907 retail stores; and 104 distribution and fulfillment centers in the United States and internationally. The company was founded in 1985 and is based in Framingham, Massachusetts.