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ODP (ODP)
NASDAQ:ODP
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.65Last Year’s EPS
1.05Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -25.43%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook for The ODP Corporation. While there are significant positive developments, such as the entry into the hospitality industry and record-breaking contracts, these are counterbalanced by notable declines in revenue and operating income, as well as challenges in the retail segment.Company Guidance
During The ODP Corporation's fourth quarter and full-year 2024 earnings call, the company outlined various metrics and strategic initiatives for future growth, particularly emphasizing their B2B transformation. The company reported total revenue of $1.6 billion for the quarter, down 10% from the previous year, and total revenue of $7 billion for the full year, an 11% decrease from 2023. Adjusted operating income for the fourth quarter was $32 million, compared to $57 million in the previous year, and adjusted EBITDA was $58 million, down from $83 million. The company highlighted its entry into the $16 billion hospitality market through a significant contract with a leading hospitality management company, expected to contribute to future growth. Furthermore, ODP's new "optimized for growth" plan aims to accelerate B2B revenue, targeting a $380 million uplift in EBITDA over a multiyear period, while generating approximately $1.3 billion in total value, excluding early B2B revenue capture benefits. Despite challenges, the management expressed optimism about future growth, driven by strategic realignment and expansion into new industry segments, while also planning to provide more specific 2025 guidance in the coming quarters.Landmark Agreement in Hospitality Industry
ODP secured a milestone agreement with a leading hospitality management company to become a key supplier and distribution partner, marking its entry into the $16 billion hospitality supply industry.
Third-Party Revenue Growth
Veyor, ODP's supply chain business, achieved a 150% increase in third-party revenue compared to the previous year, highlighting strong progress in attracting new third-party customers.
Largest Contract in Company's History
ODP secured the largest enterprise contract in its history, valued up to $1.5 billion over a ten-year period, within its traditional B2B distribution supply chain segments.
Launch of Optimized for Growth Restructuring Plan
ODP launched a strategic initiative aimed at accelerating revenue growth in B2B, expected to generate more than $1.3 billion in total value over its duration.
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ODP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ODP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $19.19 | $15.02 | -21.73% |
| Nov 06, 2024 | $31.11 | $27.57 | -11.38% |
| Aug 07, 2024 | $37.93 | $24.56 | -35.25% |
| May 08, 2024 | $51.90 | $43.22 | -16.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ODP (ODP) report earnings?
ODP (ODP) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is ODP (ODP) earnings time?
ODP (ODP) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ODP EPS forecast?
ODP EPS forecast for the fiscal quarter 2025 (Q1) is 0.65.
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