Reynolds Consumer Prods Q3 2024 Adj. EPS $0.41, Inline, Sales $910.000M Beat $903.347M Estimate
Portfolio Pulse from Benzinga Newsdesk
Reynolds Consumer Products reported Q3 2024 earnings per share of $0.41, meeting analyst expectations, and sales of $910 million, surpassing estimates. Despite the sales beat, this represents a 2.67% decline from the previous year.
October 30, 2024 | 11:01 am
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Reynolds Consumer Products reported Q3 2024 earnings per share of $0.41, meeting analyst expectations, and sales of $910 million, surpassing estimates. Despite the sales beat, this represents a 2.67% decline from the previous year.
The earnings per share met expectations, which is neutral for the stock price. The sales beat is a positive indicator, but the year-over-year decline in sales tempers the impact, resulting in a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100