ODP Corp expected to post earnings of $1.67 a share - Earnings Preview

ODP

06/05/2024 17:48

* ODP Corp  ODP.OQ   ODP.O  is expected to show a fall in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Boca Raton Florida-based  company is expected to
report a
7.1% decrease in revenue to $1.959 billion from $2.11 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for ODP Corp is for earnings
of
$1.67 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ODP Corp is
$65.47​, above​ its last closing price of $51.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.77        0.78       0.92      Beat    18.5
 Sep. 30 2023  1.60        1.56       1.88      Beat    20.8
 Jun. 30 2023  0.77        0.78       0.99      Beat    27.7​
 Mar. 31 2023  1.34        1.34       1.78      Beat    32.8
 ​​Dec.        0.79        0.79       0.85      Beat    7.6
 31 2022                                                
 Sep. 30 2022  1.72        1.72       1.48      Missed  -14​
 Jun. 30 2022  0.46        0.46       0.79      Beat    71.7
 Jan. 1 0001   0.86        0.80       1.27      Beat    59.7
 This summary was machine generated May 6 at 16:48 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)