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

Ranpak Holdings

24/07/2023 15:34

* Ranpak Holdings Corp  PACK.N   PACK.K  is expected to show
a
fall in quarterly revenue when it reports  results on July 26
(estimated). 
    * The Concord Township Ohio-based  company is expected to
report 
a 3.8% decrease in revenue to $83.5 million from $86.8 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 9 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 $6​, above​ its last closing price of $5.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.15       -0.13      -0.14     Missed  -7.7
 Dec. 31 2023              -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.        -0.01       0.00       -0.17     Missed  -4,150
 31 2022                                                
 Dec. 31 2021  0.03        0.08       -0.03     Missed  -137.5
                                                        ​
 Sep. 30 2021  0.02        0.02       -0.02     Missed  -183.3
 Jun. 30 2021  0.00        0.00       -0.07     Missed  
 This summary was machine generated July 24 at 14:34 GMT.  All
figures in US dollars  unless otherwise stated