Ranpak Holdings Corp expected to post a loss of 6 cents a share - Earnings Preview

Ranpak Holdings

30/07/2024 20:29

* Ranpak Holdings Corp  PACK.N   PACK.K  is expected to show
a
rise in quarterly revenue when it reports  results on August 1
for the period ending June 30 2024
    * The Concord Township Ohio-based  company is expected to
report a
7.0% increase in revenue to $87.669 million from $81.9 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Ranpak Holdings Corp is
for a
loss of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 $8.00​, above​ its last closing price of $6.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.07       -0.07      -0.10     Missed  -42.9
 Jan. 1 2024               -0.04      -0.11     Missed  -144.4
 Jan. 1 0001   -0.07       -0.07                        57.1​
 Jun. 30 2023  -0.10       -0.09                        
 ​​Jan.        -0.15       -0.13      -0.14     Missed  -7.7
 1 0001                                                 
 Jan. 1 0001               -0.09      -0.10     Missed  -11.1​
 Jan. 1 0001   -0.16       -0.15      -0.10     Beat    34.8
 Jun. 30 2022  -0.17       -0.10      -0.14     Missed  -33.3
 This summary was machine generated July 30 at 19:29 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)