Ranpak Holdings Corp expected to post a loss of 4 cents a share - Earnings Preview

Ranpak Holdings

29/10/2024 13:50

* Ranpak Holdings Corp  PACK.N   PACK.K  is expected to show
a
rise in quarterly revenue when it reports  results on October 31
for the period ending September 30 2024
    * The Concord Township Ohio-based  company is expected to
report a
9.6% increase in revenue to $90.76 million from $82.8 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Ranpak Holdings Corp is
for a
loss of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 11.00​, above​ its last closing price of $5.89. ​​​

This summary was machine generated October 29 at 13:49 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)