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ODP — ODP News Story

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ODP Corp reports results for the quarter ended March 31 - Earnings Summary

ODP Corp ODP.OQ reported quarterly adjusted earnings of $1.06​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.05.  The mean expectation of three analysts for the quarter was for earnings of 65 cents per share. Wall Street expected results to range from 58 cents to 72 cents per share.

Revenue fell 9.2% to $1.70 billion from a year ago; analysts expected $1.67 billion.

ODP Corp's reported EPS for the quarter was a loss of 97 cents​.

The company reported a quarterly loss of $29 million.

ODP Corp shares had fallen by 4.9% this quarter and lost 40.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 43.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the miscellaneous specialty retailers peer group is also "hold"

Wall Street's median 12-month price target for ODP Corp is $35.00

This summary was machine generated from LSEG data May 7 at 01:31 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.651.06Beat
Dec. 31 20240.800.66Missed
Sep. 30 20241.600.71Missed
Jun. 30 20241.200.56Missed

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