Investing.com - ODP reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
ODP announced earnings per share of $0.51 on revenue of $2.29B. Analysts polled by Investing.com anticipated EPS of $0.543 on revenue of $2.22B.
ODP shares are up 63% from the beginning of the year and are trading at $47.88 , down-from-52-week-high.They are outperforming the Nasdaq which is up 14.53% from the start of the year.
ODP follows other major Consumer Discretionary sector earnings this month
ODP's report follows an earnings beat by Amazon.com on Thursday, July 29, 2021, who reported EPS of $15.12 on revenue of $113.08B, compared to forecasts EPS of $12.23 on revenue of $115.42B.
Tesla had beat expectations on Monday, July 26, 2021 with second quarter EPS of $1.45 on revenue of $11.96B, compared to forecast for EPS of $0.9417 on revenue of $11.51B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar