ODP (NASDAQ:ODP) reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:50 AM.
Here’s what investors need to know about the announcement.
Earnings
ODP beat estimated earnings by 32.84%, reporting an EPS of $1.78 versus an estimate of $1.34.
Revenue was down $70.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 4.36% increase in the share price the next day.
Here’s a look at ODP’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.79 | 1.72 | 0.46 | 0.79 |
| EPS Actual | 0.85 | 1.48 | 0.79 | 1.27 |
| Revenue Estimate | 2.14B | 2.19B | 2.04B | 2.13B |
| Revenue Actual | 2.11B | 2.17B | 2.03B | 2.18B |
To track all earnings releases for ODP visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
