What to Expect When Staples (SPLS) Reports Earnings Results Tomorrow

NEW YORK (TheStreet) -- Staples Inc. (SPLS) is scheduled to release its fourth quarter 2014 earnings results before the market open on Friday morning.

Analysts are expecting the office supplies retailer to post a year-over-year decline in earnings per share and revenue for the most recent quarter.

Staples has been forecast to report earnings of 30 cents per share on revenue of $5.76 billion for the 2014 fourth quarter.

Last year the company said non-GAAP adjusted earnings from continuing operations were 33 cents per share on total sales of $5.9 billion for the 2013 fourth quarter.

Shares of Staples are down by 0.20% to $16.56 in mid-morning trading on Thursday.

Recently, Staples announced that it is acquiring its competitor Office Depot (ODP) in a deal worth $6.3 billion.

Earlier this morning TheStreet's Chris Laudani penned an update on the Staples/Office Depot merger for RealMoneyPro.com. Here's a snippet from Laudani:

"Staples' acquisition of Office Depot will create an office-supply monster. The combined company will have projected revenue of $39 billion. It will operate more than 4,000 stores, both in the U.S. and internationally and manage 243 distribution centers.

By the end of the third year after completion of the deal, management has promised to cut over a $1 billion in costs. That includes head-count reductions, consolidation of the distribution facilities and the closure of hundreds of stores.

Both companies are confident the Justice Department will approve the deal and management expects a closing in late 2015."

Want more information like this from Chris Laudani and 40 more of Wall Street's sharpest minds BEFORE your stock moves? Learn more about RealMoneyPro.com now.

Separately, TheStreet Ratings team rates STAPLES INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate STAPLES INC (SPLS) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins."

More from Markets

Dow Trades Lower After Momentum From China Rally Fades, Nasdaq Rises

Dow Trades Lower After Momentum From China Rally Fades, Nasdaq Rises

Jim Cramer Reveals Which Earnings Report All Investors Should Watch

Jim Cramer Reveals Which Earnings Report All Investors Should Watch

The Market Needs 'Shoot the Lights Out' Earnings, Says Jim Cramer

The Market Needs 'Shoot the Lights Out' Earnings, Says Jim Cramer

Hasbro to Trim Workforce After Revenue Slides on Toys 'R' Us Closures

Hasbro to Trim Workforce After Revenue Slides on Toys 'R' Us Closures

Alibaba and Tencent Jump as Chinese Stocks Post Sharp Rally

Alibaba and Tencent Jump as Chinese Stocks Post Sharp Rally