Reynolds Consumer Products For Q4 Expects Net Revenues Of $945M-$985M Vs. $903.347M; $Adj. EPS Of $0.56-$0.60 Vs. $0.41 Est.
Portfolio Pulse from Benzinga Newsdesk
Reynolds Consumer Products has released its Q4 2024 financial outlook, expecting net revenues between $945M and $985M, and adjusted EPS between $0.56 and $0.60, surpassing previous estimates.
October 30, 2024 | 11:18 am
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Reynolds Consumer Products has provided a positive Q4 2024 outlook with net revenues expected to be between $945M and $985M, and adjusted EPS between $0.56 and $0.60, which is higher than previous estimates.
The company's guidance for Q4 2024 shows an expected increase in net revenues and adjusted EPS compared to previous estimates, indicating a positive financial performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100