ODP Raises FY23 Adj EPS Outlook From $4.50 - $5.10 To $5.00 - $5.30 Vs. $4.96 Est.
Portfolio Pulse from Benzinga Newsdesk
ODP Corporation has increased its FY23 adjusted EPS outlook from $4.50 - $5.10 to $5.00 - $5.30, which is higher than the estimated $4.96.
August 09, 2023 | 10:55 am
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ODP Corporation has raised its FY23 adjusted EPS outlook, which is now higher than the estimated value. This could potentially lead to a positive market reaction.
ODP Corporation has raised its FY23 adjusted EPS outlook, which is now higher than the estimated value. This indicates that the company is expecting higher profitability, which is generally seen as a positive signal by the market. Therefore, this could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100