ODP Corp. Boosts FY23 Adj. EPS Outlook - Update

RTTNews | 1140 days ago
ODP Corp. Boosts FY23 Adj. EPS Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Tuesday, The ODP Corp. (ODP) raised its adjusted earnings guidance for the full-year 2023, while lowering annual sales outlook.

For fiscal 2023, the company now projects adjusted earnings in a range of $5.00 to $5.30 per share on revenues of about $8 billion.

Previously, the company expected adjusted earnings in the range of $4.50 to $5.10 per share on revenues between $8.0 billion and $8.4 billion.

On average, analysts polled by Thomson Reuters expectthe company to report earnings of $4.96 per share on sales of $8.20 billion for the year. Analysts' estimates typically exclude special items.

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ODP CFO Anthony Scaglione To Step Down

ODP CFO Anthony Scaglione To Step Down

The ODP Corp. (ODP) announced Wednesday that Anthony Scaglione, executive vice president and chief financial officer, is stepping down from his role to pursue another career opportunity. His last day will be September 13, 2024.
RTTNews | 769 days ago
Little Movement Seen For Malaysia Stock Market

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RTTNews | 1h 46min ago
Swiss Market Ends Flat After Choppy Session

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