Reynolds Consumer Products Inc. (REYN) released a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $137 million, or $0.65 per share. This compares with $107 million, or $0.51 per share, in last year's fourth quarter.
Excluding items, Reynolds Consumer Products Inc. reported adjusted earnings of $137 million or $0.65 per share for the period.
Analysts on average had expected the company to earn $0.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 7.3% to $1.01 billion from $1.09 billion last year.
Reynolds Consumer Products Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $137 Mln. vs. $107 Mln. last year.-EPS (Q4): $0.65 vs. $0.51 last year.-Analyst Estimate: $0.62-Revenue (Q4): $1.01 Bln vs. $1.09 Bln last year.
-Guidance:Next quarter EPS guidance: $0.21 - $0.23Next quarter revenue guidance: $795 M - $820 M
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.