The ODP (US:ODP) ZACKSยท2025-05-12 17:25Core Viewpoint - ODP Corp. is positioned as a strong investment opportunity due to significant upward revisions in earnings estimates, indicating a positive earnings outlook and potential for continued stock price appreciation [1][2]. Earnings Estimates - Analysts are increasingly optimistic about ODP Corp.'s earnings prospects, leading to higher estimates that are expected to positively influence the stock price [2]. - The current-quarter earnings estimate is projected at $0.33 per share, reflecting a year-over-year decline of 41.07%. However, the Zacks Consensus Estimate has increased by 25% over the last 30 days, with one estimate revised upward and no negative revisions [6]. - For the full year, the earnings estimate stands at $2.79 per share, showing a year-over-year decrease of 15.45%. The consensus estimate has risen by 9% due to one upward revision and no negative changes in estimates [7][8]. Zacks Rank - ODP Corp. has achieved a Zacks Rank of 1 (Strong Buy), supported by favorable estimate revisions. This ranking is based on a proven track record of outperforming the market, with Zacks 1 stocks averaging a 25% annual return since 2008 [3][9]. - The Zacks Rank system indicates that stocks rated 1 and 2 significantly outperform the S&P 500, reinforcing the attractiveness of ODP Corp. as an investment [9]. Stock Performance - ODP Corp. shares have increased by 27.9% over the past four weeks, suggesting strong investor confidence driven by the positive earnings estimate revisions [10].