Reynolds Consumer Products Reaffirms 2024 Guidance For Net Revenues Of $3.53B-$3.64B (Est $3.601B), EPS Of $1.57-$1.65 (Est $1.62)
Portfolio Pulse from Benzinga Newsdesk
Reynolds Consumer Products has reaffirmed its 2024 financial guidance, projecting net revenues of $3.53B-$3.64B and EPS of $1.57-$1.65, aligning closely with analyst estimates of $3.601B in revenue and $1.62 EPS.
March 18, 2024 | 8:19 pm
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Reynolds Consumer Products reaffirms its 2024 guidance with expected revenues of $3.53B-$3.64B and EPS of $1.57-$1.65, closely matching analyst expectations.
Reynolds Consumer Products' reaffirmation of its 2024 financial guidance, which aligns closely with analyst estimates, is likely to instill confidence in investors about the company's future performance. This positive outlook, especially when it matches or exceeds market expectations, typically has a favorable impact on a company's stock price in the short term.
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IMPORTANCE 90
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