ODP (ODP) Projected to Post Quarterly Earnings on Wednesday

Key Points

• ODP is set to release its Q2 2025 earnings report on August 6th, with analysts predicting earnings of $0.33 per share and revenue of $1.59 billion.
• In its last quarterly earnings report, ODP posted $1.06 EPS, significantly above estimates, but its revenue showed a 9.2% year-over-year decline.
• Recent institutional investments in ODP have surged, with Millennium Management increasing its stake by 673.7%, highlighting growing interest in the company despite a downgrade from Wall Street Zen to a "hold" rating.

ODP (NASDAQ:ODP - Get Free Report) is expected to be releasing its Q2 2025 earnings data 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 - Get Free Report) last announced its earnings results on Wednesday, May 7th. The specialty retailer reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.41. ODP had a negative net margin of 0.69% and a positive return on equity of 11.50%. The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the prior year, the firm posted $1.05 earnings per share. The business's revenue for the quarter was down 9.2% on a year-over-year basis. On average, analysts expect ODP to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

ODP Trading Down 3.8%

Shares of ODP traded down $0.67 during midday trading on Friday, hitting $17.17. The stock had a trading volume of 691,160 shares, compared to its average volume of 436,466. ODP has a 1 year low of $11.85 and a 1 year high of $39.94. The firm has a market cap of $516.47 million, a PE ratio of -12.35, a price-to-earnings-growth ratio of 0.41 and a beta of 1.38. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.94 and a quick ratio of 0.45. The stock's 50 day moving average is $17.82 and its 200 day moving average is $17.19.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of ODP from a "buy" rating to a "hold" rating in a report on Sunday, June 22nd.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Millennium Management LLC raised its position in shares of 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 purchasing an additional 607,935 shares during the last quarter. AQR Capital Management LLC raised its position in shares of ODP by 81.5% in the 1st quarter. AQR Capital Management LLC now owns 123,276 shares of the specialty retailer's stock valued at $1,767,000 after purchasing an additional 55,350 shares during the last quarter. Royal Bank of Canada raised its position 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 purchasing an additional 19,419 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position 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 purchasing an additional 13,210 shares during the last quarter. Finally, Empowered Funds LLC raised its position in shares of ODP by 3.7% in the 1st quarter. Empowered Funds LLC now owns 202,111 shares of the specialty retailer's stock valued at $2,896,000 after purchasing an additional 7,236 shares during the last quarter. 99.56% of the stock is currently owned by institutional investors.

ODP Company Profile

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.