Earnings Volatility Drives Officemax and These Stocks in a New Direction

OfficeMax Inc. (NYSE:OMX) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 83.33% to $0.02 in the quarter versus EPS of $0.12 in the year-earlier quarter. Revenue Decreased 4.33% to $1.53 billion from the year-earlier quarter.

OfficeMax Inc. reported adjusted EPS income of $0.02 per share. By that measure, the company missed the mean analyst estimate of $0.03. It missed the average revenue estimate of $1.55 billion.

OMX-2013818

Charter Communications, Inc. (NASDAQ:CHTR) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share increased to $-0.96 in the quarter versus EPS of $-0.84 in the year-earlier quarter. Revenue Rose 4.67% to $1.97 billion from the year-earlier quarter.

Charter Communications, Inc. reported adjusted EPS loss of $0.96 per share. By that measure, the company missed the mean analyst estimate of $0.34. It beat the average revenue estimate of $1.97 billion.

CHTR-2013818

TravelCenters of America LLC (AMEX:TA) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 48.08% to $0.54 in the quarter versus EPS of $1.04 in the year-earlier quarter. Revenue Decreased 1.11% to $2.02 billion from the year-earlier quarter.

TravelCenters of America LLC reported adjusted EPS income of $0.54 per share. By that measure, the company missed the mean analyst estimate of $1. It missed the average revenue estimate of $2.12 billion.

TA-2013818

MGM Resorts International (NYSE:MGM) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased to $0.04 in the quarter versus EPS of $-0.12 in the year-earlier quarter. Revenue Rose 6.77% to $2.48 billion from the year-earlier quarter.

MGM Resorts International reported adjusted EPS income of $0.04 per share. By that measure, the company beat the mean analyst estimate of $0.01. It beat the average revenue estimate of $2.43 billion.

MGM-2013818

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