Ranpak Holdings Corp expected to post a loss of 9 cents a share - Earnings Preview

Ranpak Holdings

21/02/2023 13:40

* Ranpak Holdings Corp  PACK.N   PACK.K  is expected to show
a
fall in quarterly revenue when it reports  results on February
23 (estimated). 
    * The Concord Township Ohio-based  company is expected to
report 
a 17.1% decrease in revenue to $90.481 million from $109.1
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 9 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 $8.5​, above​ its last closing price of $7.36. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.03        0.08       -0.03     Missed  -137.5
 ​​Sep.        0.02        0.02       -0.02     Missed  -183.3
 30 2021                                                
 Jun. 30 2021  0.00        0.00       -0.07     Missed  ​
 Mar. 31 2021  -0.02       -0.02      0.08      Beat    500
 Dec. 31 2020  0.03        0.03       -0.07     Missed  -333.3
 This summary was machine generated February 21 at 13:40 GMT. 
All figures in US dollars  unless otherwise stated