Company Performance - ODP Corp. (ODP) stock increased by 1.87% to $18.25, outperforming the S&P 500's daily gain of 0.54% [1] - Over the past month, ODP shares gained 8.12%, surpassing the Retail-Wholesale sector's gain of 2.05% and the S&P 500's gain of 4.2% [1] Upcoming Earnings - ODP Corp. is expected to report an EPS of $0.33, reflecting a 41.07% decrease from the same quarter last year [2] - Revenue is forecasted to be $1.57 billion, indicating an 8.39% decline compared to the year-ago quarter [2] Full Year Projections - Zacks Consensus Estimates predict earnings of $3.03 per share and revenue of $6.58 billion for the full year, representing changes of -8.18% and -5.83% from the previous year [3] - Recent changes in analyst estimates for ODP Corp. are crucial for investors, as positive revisions indicate optimism about the business [3] Valuation Metrics - ODP Corp. has a Forward P/E ratio of 5.92, which is lower than the industry average Forward P/E of 13.54 [6] - The company has a PEG ratio of 0.42, compared to the Retail - Miscellaneous industry's average PEG ratio of 2.88 [6] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 183, placing it in the bottom 26% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]
ODP Corp. (ODP) Outperforms Broader Market: What You Need to Know