Reynolds Consumer Products Inc. (REYN) announced a profit for fourth quarter that decreased from last year in line with the Street estimates.
The company's bottom line came in at $121.00 million, or $0.58 per share. This compares with $137.00 million, or $0.65 per share, last year.
Analysts on average had expected the company to earn $0.58 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.4% to $1.021 billion from $1.007 billion last year.
Reynolds Consumer Products Inc. earnings at a glance (GAAP) :
-Earnings: $121.00 Mln. vs. $137.00 Mln. last year.-EPS: $0.58 vs. $0.65 last year.-Revenue: $1.021 Bln vs. $1.007 Bln last year.
-Guidance:Next quarter EPS guidance: $0.22 - $0.24
FY25 EPS Outlook $1.61 - $1.68
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