ODP Corp.: Q4 Earnings Snapshot

BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — ODP Corp. (ODP) on Wednesday reported earnings of $17 million in its fourth quarter.

The Boca Raton, Florida-based company said it had net income of 36 cents per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to 85 cents per share.

The office supply retailer posted revenue of $2.11 billion in the period.

For the year, the company reported profit of $166 million, or $3.37 per share. Revenue was reported as $8.49 billion.

ODP Corp. expects full-year earnings in the range of $4.50 to $5.10 per share, with revenue in the range of $8 billion to $8.4 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ODP at https://www.zacks.com/ap/ODP

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