The ODP Corporation Announces Gain In Q3 Profit

The ODP Corporation (ODP) revealed a profit for its third quarter that increased from the same period last year.

The company's bottom line totaled $73 million, or $1.33 per share. This compares with $34 million, or $0.63 per share, in last year's third quarter.

Excluding items, The ODP Corporation reported adjusted earnings of $96 million or $1.76 per share for the period.

The company's revenue for the quarter fell 7.2% to $2.18 billion from $2.35 billion last year.

The ODP Corporation earnings at a glance:

-Earnings (Q3): $96 Mln. vs. $102 Mln. last year.
-EPS (Q3): $1.76 vs. $1.88 last year.
-Revenue (Q3): $2.18 Bln vs. $2.35 Bln last year.

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