ODP Stock Plunges 15.55% Ahead of Earnings Report

On May 7, 2025, ODP's stock price plummeted by 15.55% in pre-market trading, signaling a significant downturn for the company.

ODP is scheduled to release its Q1 2025 earnings report before the market opens on Wednesday, May 7. This announcement is anticipated to provide insights into the company's financial performance and may influence investor sentiment.

In its latest earnings report, ODP reported earnings per share (EPS) of $0.66 for the quarter, falling short of the consensus estimate of $0.80 by $0.14. This underperformance has raised concerns among investors about the company's financial health and future prospects.

ODP's sales volume has experienced a significant decline, decreasing by 60% compared to the same period in 2019. This sharp drop in sales volume has contributed to the company's financial struggles and has raised questions about its ability to recover in the near future.