ODP Corp reports results for the quarter ended in March - Earnings Summary

ODP

10/05/2023 14:32

* ODP Corp  ODP.OQ  reported quarterly adjusted earnings of
$1.78​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
$1.34 per share.
    * Revenue fell 3.2% to $2.11 billion from a year ago;
analysts
expected $2.10 billion. 
    * ODP Corp's reported EPS for the quarter was $1.71​.
    * The mean earnings estimate of analysts had risen by
about 5.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * ODP Corp shares had fallen by 6.7% this quarter and
lost 7.9% so
far this year.
    * The company reported quarterly net income of $72 million.
    * Wall Street's median 12-month price target for ODP Corp is
$55.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.34           1.78           Beat
 Dec. 31 2022      0.79           0.85           Beat
 Sep. 30 2022      1.72           1.48           Missed
 Jun. 30 2022      0.46           0.79           Beat