Reynolds Consumer Prods Q2 Adj EPS $0.32 Beats $0.28 Estimate, Sales $940.00M Beat $937.58M Estimate
Portfolio Pulse from Benzinga Newsdesk
Reynolds Consumer Prods (NASDAQ:REYN) reported Q2 adjusted earnings of $0.32 per share, beating the analyst consensus estimate of $0.28 by 14.29%. This is a 23.08% increase over earnings of $0.26 per share from the same period last year. The company also reported quarterly sales of $940.00 million, beating the analyst consensus estimate of $937.58 million by 0.26%. This is a 2.51% increase over sales of $917.00 million the same period last year.
August 09, 2023 | 11:02 am
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Reynolds Consumer Prods reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Reynolds Consumer Prods reported Q2 earnings and sales that beat analyst estimates. This is generally seen as positive news for the company and could lead to an increase in its stock price in the short term.
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