Investing.com - ODP reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
ODP announced earnings per share of $1.48 on revenue of $2.17B. Analysts polled by Investing.com anticipated EPS of $1.78 on revenue of $2.16B.
ODP shares are down 24.15% from the beginning of the year and are trading at $39.38 , down-from-52-week-high.
ODP follows other major Consumer Discretionary sector earnings this month
ODP's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar