Berry Global Gr Q2 2024 Adj EPS $1.95 Beats $1.91 Estimate, Sales $3.076B Miss $3.155B Estimate
Portfolio Pulse from Benzinga Newsdesk
Berry Global Group reported its Q2 2024 adjusted earnings per share (EPS) at $1.95, surpassing the estimated $1.91. However, its sales of $3.076 billion fell short of the expected $3.155 billion.
May 09, 2024 | 11:12 am
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Berry Global Group's Q2 2024 earnings exceeded expectations with an adjusted EPS of $1.95, but sales did not meet forecasts, coming in at $3.076 billion against an expected $3.155 billion.
The mixed results from Berry Global Group, with an earnings beat but a miss on sales, could lead to a neutral short-term impact on its stock price. Investors might weigh the positive earnings surprise against the slight disappointment in sales, leading to a balanced market reaction.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100