Investing.com - ODP reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
ODP announced earnings per share of $1.76 on revenue of $2.18B. Analysts polled by Investing.com anticipated EPS of $1.51 on revenue of $2.42B.
ODP shares are up 51% from the beginning of the year, still down 13.68% from its 52 week high of $51.40 set on June 7. They are outperforming the Nasdaq which is up 21.43% from the start of the year.
ODP follows other major Services sector earnings this month
ODP's report follows an earnings missed by Amazon.com on October 28, who reported EPS of $6.12 on revenue of $110.81B, compared to forecasts EPS of $8.9 on revenue of $111.55B.
Visa A had beat expectations on October 26 with fourth quarter EPS of $1.62 on revenue of $6.56B, compared to forecast for EPS of $1.55 on revenue of $6.52B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar