Reynolds Consumer Products Expects Q4 Net Revenues To Decline 9%-7%, EPS of $0.60-$0.64
Portfolio Pulse from Benzinga Newsdesk
Reynolds Consumer Products anticipates a 7%-9% decline in net revenues for Q4, with an expected EPS of $0.60-$0.64.
November 08, 2023 | 12:11 pm
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Reynolds Consumer Products expects a 7%-9% decrease in Q4 net revenues and an EPS of $0.60-$0.64.
The company's forecast of a decline in net revenues for Q4 could negatively impact investor sentiment and potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
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