Investing.com - ODP reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
ODP announced earnings per share of $1.21 on revenue of $2.37B. Analysts polled by Investing.com anticipated EPS of $0.8501 on revenue of $2.42B.
ODP shares are up 44% from the beginning of the year and are trading at $42.470 , down-from-52-week-high.They are outperforming the Nasdaq which is up 5.78% from the start of the year.
ODP follows other major Services sector earnings this month
ODP's report follows an earnings beat by Amazon.com on Thursday, April 29, 2021, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.
Visa A had beat expectations on Tuesday, April 27, 2021 with second quarter EPS of $1.38 on revenue of $5.73B, compared to forecast for EPS of $1.27 on revenue of $5.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar