Ranpak Holdings Corp expected to post a loss of 7 cents a share - Earnings Preview

Ranpak Holdings

27/10/2023 19:31

* Ranpak Holdings Corp  PACK.N   PACK.K  is expected to show
a
rise in quarterly revenue when it reports  results on October
31. 
    * The Concord Township Ohio-based  company is expected to
report 
a 8.3% increase in revenue to $84.253 million from $77.8 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 7 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​, above​ its last closing price of $3.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.10       -0.09      -0.03     Beat    68.4
 Mar. 31 2023  -0.15       -0.13      -0.14     Missed  -7.7
 Dec. 31 2022              -0.09      -0.10     Missed  -11.1​
 Sep. 30 2022  -0.16       -0.15      -0.10     Beat    34.8
 ​​Jun.        -0.17       -0.10      -0.14     Missed  -33.3
 30 2022                                                
 Mar. 31 2022  -0.01       0.00       -0.17     Missed  -4,150
                                                        ​
 Dec. 31 2021  0.03        0.08       -0.03     Missed  -137.5
 Sep. 30 2021  0.02        0.02       -0.02     Missed  -183.3
 This summary was machine generated October 27 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated