Investing.com - ODP reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
ODP announced earnings per share of $0.55 on revenue of $2.29B. Analysts polled by Investing.com anticipated EPS of $0.9457 on revenue of $2.27B.
ODP shares are up 55% from the beginning of the year, still down 5.66% from its 52 week high of $48.24 set on February 8. They are outperforming the Nasdaq which is up 4.48% from the start of the year.
ODP follows other major Services sector earnings this month
ODP's report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar