Ranpak Holdings Corp expected to post a loss of 13 cents a share - Earnings Preview

Ranpak Holdings

02/05/2023 19:37

* Ranpak Holdings Corp  PACK.N   PACK.K  is expected to show
a
rise in quarterly revenue when it reports  results on May 4. 
    * The Concord Township Ohio-based  company is expected to
report 
a 1.3% increase in revenue to $83.537 million from $82.5 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ranpak Holdings
Corp is
for a loss of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $7​, above​ its last closing price of $4.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022              -0.09      -0.10     Missed  -11.1
 Sep. 30 2022  -0.16       -0.15      -0.10     Beat    34.8
 Jun. 30 2022  -0.17       -0.10      -0.14     Missed  -33.3​
 Mar. 31 2022  -0.01       0.00       -0.17     Missed  -4,150
 ​​Dec.        0.03        0.08       -0.03     Missed  -137.5
 31 2021                                                
 Sep. 30 2021  0.02        0.02       -0.02     Missed  -183.3
                                                        ​
 Jun. 30 2021  0.00        0.00       -0.07     Missed  
 Mar. 31 2021  -0.02       -0.02      0.08      Beat    500
 This summary was machine generated May 2 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated