Reynolds Consumer Products Updates 2024 Outlook: Now Sees Net Revenues Of $3.62B-$3.66B (Prior $3.59B -$3.67B) Vs. $3.643B Est.; Adj. EPS Of $1.66-$1.70 (Priro $1.65 To $1.71) Vs. $1.69 Est.
Portfolio Pulse from Benzinga Newsdesk
Reynolds Consumer Products has updated its 2024 financial outlook, slightly adjusting its net revenue and EPS estimates. The company now expects net revenues between $3.62B and $3.66B and adjusted EPS between $1.66 and $1.70.
October 30, 2024 | 11:15 am
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Reynolds Consumer Products has slightly adjusted its 2024 financial outlook, with net revenues now expected between $3.62B and $3.66B, and adjusted EPS between $1.66 and $1.70. This reflects a minor adjustment from previous estimates.
The update in Reynolds Consumer Products' 2024 outlook shows minor adjustments in net revenue and EPS estimates. The changes are not significant enough to suggest a strong directional impact on the stock price in the short term, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100