ODP Corp reported Q1 2024 earnings of $1.05 EPS, missing estimates by $0.59, with revenues of $1.87B ($1.96B expected).
ODP Corp reported Q1 2024 earnings of $1.05 EPS, missing analyst estimates by $0.59, with revenues of $1.87B ($1.96B expected). Net income was $15M from continuing operations, compared to estimates of $64.36M. ODP's Q1 sales decreased 11% YoY, while adjusted EBITDA was $82M, down from $131M in the previous year. The company repurchased approximately $90M of shares YTD.
May 08, 2024
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