Reynolds Consumer Products Inc. Q4 Income Drops In Line With Estimates

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

by RTTNews Staff Writer

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