Ranpak Holdings Corp expected to post a loss of 10  cents a share - Earnings Preview

Ranpak Holdings

26/07/2022 16:17

* Ranpak Holdings Corp  PACK.N   PACK.K  is expected to show
a
rise in quarterly revenue when it reports  results on July 28. 
    * The Concord Township Ohio-based  company is expected to
report 
a 3.7% increase in revenue to $93.318 million from $90 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ranpak Holdings
Corp is
for a loss of 10 cents per share. For the same quarter last
year, the company reported a loss of 7 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ranpak
Holdings
Corp is $20​, above​ its last closing price of $6.68. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.01       0.00       -0.17     Missed  -4,150
 Dec. 31 2022  0.03        0.08       -0.03     Missed  -137.5
 Sep. 30 2021  0.02        0.02       -0.02     Missed  -183.3
                                                        ​
 Jun. 30 2021  0.00        0.00       -0.07     Missed  
 ​​Mar.        -0.02       -0.02      0.08      Beat    500
 31 2021                                                
 Dec. 31 2020  0.03        0.03       -0.07     Missed  -333.3
                                                        ​
 Sep. 30 2020  -0.01       -0.01      -0.08     Missed  -700
 Jun. 30 2020  -0.05       -0.05      -0.12     Missed  -118.2
 This summary was machine generated July 26 at 15:17 GMT.  All
figures in US dollars  unless otherwise stated