ODP (ODP) Projected to Post Earnings on Wednesday

ODP (NASDAQ:ODP) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Wednesday, August 6th. Analysts expect ODP to post earnings of $0.33 per share and revenue of $1.59 billion for the quarter.

ODP (NASDAQ:ODP) last announced its quarterly earnings data on Wednesday, May 7th. The specialty retailer reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.41. ODP had a positive return on equity of 11.50% and a negative net margin of 0.69%. The firm had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same period last year, the business posted $1.05 earnings per share. The company’s revenue for the quarter was down 9.2% compared to the same quarter last year. On average, analysts expect ODP to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

ODP Price Performance

Shares of NASDAQ:ODP opened at $18.45 on Wednesday. ODP has a twelve month low of $11.85 and a twelve month high of $43.31. The company has a current ratio of 0.94, a quick ratio of 0.45 and a debt-to-equity ratio of 0.32. The company has a market cap of $555.01 million, a PE ratio of -13.27, a price-to-earnings-growth ratio of 0.43 and a beta of 1.34. The company’s 50 day moving average is $17.71 and its 200 day moving average is $17.32.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded ODP from a “buy” rating to a “hold” rating in a report on Sunday, June 22nd.

Institutional Investors Weigh In On ODP

Large investors have recently made changes to their positions in the stock. Millennium Management LLC grew its holdings in ODP by 673.7% in the 1st quarter. Millennium Management LLC now owns 698,169 shares of the specialty retailer’s stock valued at $10,005,000 after buying an additional 607,935 shares in the last quarter. AQR Capital Management LLC raised its stake in ODP by 81.5% during the first quarter. AQR Capital Management LLC now owns 123,276 shares of the specialty retailer’s stock worth $1,767,000 after purchasing an additional 55,350 shares during the period. Royal Bank of Canada grew its stake in shares of ODP by 56.0% in the 1st quarter. Royal Bank of Canada now owns 54,098 shares of the specialty retailer’s stock valued at $775,000 after buying an additional 19,419 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of ODP by 12.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 120,014 shares of the specialty retailer’s stock valued at $1,720,000 after buying an additional 13,210 shares during the period. Finally, Empowered Funds LLC increased its holdings in shares of ODP by 3.7% during the 1st quarter. Empowered Funds LLC now owns 202,111 shares of the specialty retailer’s stock worth $2,896,000 after buying an additional 7,236 shares during the last quarter. 99.56% of the stock is currently owned by hedge funds and other institutional investors.

About ODP

The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates through four divisions: ODP Business Solutions, Office Depot, Veyer, and Varis.