NASDAQ$ODP
The ODP Corporation · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
ODP reported Q3 2020 results with revenue of $2.5 billion and GAAP EPS of $1.04.
ODP Corporation announced its Q3 2020 results, showcasing a revenue of $2.5 billion. The company reported GAAP EPS of $1.04 and adjusted EPS of $1.80. Significant cash flow generation was achieved, with $1.7 billion in total available liquidity. The share repurchase program has been reinstated.
- Total reported sales were $2.5 billion, down 9% year-over-year but up 18% sequentially compared to Q2 2020.
- GAAP operating income was $102 million and net income was $57 million, or $1.04 per share, each down approximately 5% year-over-year.
- Adjusted operating income was $138 million, flat year-over-year and up from $10 million in Q2 2020; and adjusted EBITDA was $186 million.
- Operating cash flow was $309 million and adjusted free cash flow was $312 million, versus $212 and $209 million, respectively, in the prior year.
Headline financials
Revenue & EPS history
ODP · Revenue · Quarterly
$2.54B
Revenue by segment
ODP · $1.1B total across 2 segments · Q4 2022
- Office Depot Division$1.09B—99.1%
- Veyer Division$10M—0.9%
Forward guidance
Due to uncertainty in the pace of economic recovery, the company's guidance remains withdrawn.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports
+0.1%
Avg return
Earnings day
-2.0%
Avg return
5 days after
-1.4%
Avg return
30 days after
48%
32 / 67 earnings
Positive
+27.8%
Q3 2014
Best reaction
-31.0%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | — | — | — | |
| Q3 2025 | +0.1% | +0.2% | +0.6% | |
| Q2 2025 | +9.3% | +3.6% | +26.4% | |
| Q1 2025 | +1.0% | +40.0% | +30.1% | |
| Q4 2024 | -21.7% | -24.9% | -24.7% | |
| Q3 2024 | -10.9% | -13.6% | -16.6% | |
| Q2 2024 | -31.0% | -31.8% | -25.6% | |
| Q1 2024 | -16.8% | -19.5% | -25.8% | |
| Q4 2023 | +6.6% | +1.2% | +0.1% | |
| Q3 2023 | -7.0% | -1.3% | -1.1% | |
| Q2 2023 | +5.8% | +0.2% | -0.5% | |
| Q1 2023 | -0.2% | +0.7% | +4.3% | |
| Q4 2022 | +13.5% | +7.8% | -0.6% | |
| Q3 2022 | +1.2% | +2.8% | +21.1% | |
| Q2 2022 | +0.5% | +2.2% | -2.4% | |
| Q1 2022 | +3.8% | -2.0% | -14.0% | |
| Q4 2021 | +3.7% | +2.4% | +6.9% | |
| Q3 2021 | -1.3% | — | — | |
| Q2 2021 | -4.9% | — | — | |
| Q1 2021 | +4.7% | — | — | |
| Q4 2020 | -12.9% | — | — | |
| Q3 2020 | +15.4% | — | — | |
| Q2 2020 | -10.6% | — | — | |
| Q1 2020 | +8.6% | — | — | |
| Q4 2019 | -3.0% | — | — | |
| Q3 2019 | +16.0% | — | — | |
| Q2 2019 | -5.1% | — | — | |
| Q1 2019 | -6.7% | — | — | |
| Q4 2018 | +6.1% | — | — | |
| Q3 2018 | +22.5% | — | — | |
| Q2 2018 | +20.2% | — | — | |
| Q1 2018 | -3.0% | — | — | |
| Q4 2017 | -16.9% | — | — | |
| Q3 2017 | +8.6% | — | — | |
| Q2 2017 | -27.2% | — | — | |
| Q1 2017 | +1.6% | — | — | |
| Q4 2016 | +15.6% | — | — | |
| Q3 2016 | +17.4% | — | — | |
| Q2 2016 | +6.7% | — | — | |
| Q1 2016 | -1.3% | — | — | |
| Q4 2015 | -3.4% | — | — | |
| Q3 2015 | +0.4% | — | — | |
| Q2 2015 | -0.8% | — | — | |
| Q1 2015 | -2.0% | — | — | |
| Q4 2014 | -1.1% | — | — | |
| Q3 2014 | +27.8% | — | — | |
| Q2 2014 | -3.3% | — | — | |
| Q1 2014 | +19.9% | — | — | |
| Q4 2013 | -6.7% | — | — | |
| Q3 2013 | -6.5% | — | — | |
| Q2 2013 | +1.4% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | -20.7% | — | — | |
| Q3 2012 | +14.7% | — | — | |
| Q2 2012 | -6.3% | — | — | |
| Q1 2012 | -12.2% | — | — | |
| Q4 2010 | +9.3% | — | — | |
| Q4 2011 | +9.3% | — | — | |
| Q3 2011 | -8.7% | — | — | |
| Q2 2011 | +8.5% | — | — | |
| Q1 2010 | +8.2% | — | — | |
| Q1 2011 | -2.9% | — | — | |
| Q4 2008 | +0.0% | — | — | |
| Q3 2010 | -1.5% | — | — | |
| Q3 2009 | -1.5% | — | — | |
| Q4 2009 | -8.0% | — | — | |
| Q2 2009 | -8.0% | — | — | |
| Q2 2010 | -8.0% | — | — |
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