ODP (NASDAQ:ODP) reported its Q1 earnings results on Wednesday, May 4, 2022 at 07:50 AM.
Here's what investors need to know about the announcement.
Earnings
ODP beat estimated earnings by 60.76%, reporting an EPS of $1.27 versus an estimate of $0.79.
Revenue was down $188.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22 which was followed by a 4.23% increase in the share price the next day.
Here's a look at ODP's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.49 | 1.52 | 0.62 | 0.72 |
| EPS Actual | 0.71 | 1.76 | 0.51 | 1.21 |
| Revenue Estimate | 1.98B | 2.27B | 2.22B | 2.41B |
| Revenue Actual | 2.04B | 2.18B | 2.29B | 2.37B |
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.
