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The ODP Corporation Q4 Adjusted Earnings $0.55 Per Share

The ODP Corporation (ODP) announced earnings for fourth quarter that decreased from the same period last year.

The company's earnings totaled $18 million, or $0.34 per share. This compares with $55 million, or $1.00 per share, in last year's fourth quarter.

Excluding items, The ODP Corp. reported adjusted earnings of $30 million or $0.55 per share for the period.

The company's revenue for the quarter fell 8.8% to $2.29 billion from $2.51 billion last year.

The ODP Corp. earnings at a glance:

-Earnings (Q4): $30 Mln. vs. $68 Mln. last year.
-EPS (Q4): $0.55 vs. $1.24 last year.
-Revenue (Q4): $2.29 Bln vs. $2.51 Bln last year.

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