Reynolds Consumer Products Sees Q1 2024 Revenue $795M-$820M Vs $854.337M Est.
Portfolio Pulse from Benzinga Newsdesk
Reynolds Consumer Products projects its Q1 2024 revenue to be between $795M and $820M, which is below the estimated $854.337M.
February 07, 2024 | 1:07 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Reynolds Consumer Products anticipates its Q1 2024 revenue to be lower than analyst expectations, projecting between $795M and $820M compared to the $854.337M estimate.
The projected revenue shortfall for Reynolds Consumer Products in Q1 2024 compared to analyst estimates suggests potential challenges in the company's performance. This news is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term. The direct mention of the company and specific financial figures provides a clear basis for anticipating this impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100