Ranpak Holdings Corp expected to post breakeven results a share - Earnings Preview

Ranpak Holdings

04/05/2022 19:00

* Ranpak Holdings Corp  PACK.N   PACK.K  is expected to show
a
rise in quarterly revenue when it reports  results on May 6. 
    * The Concord Township Ohio-based  company is expected to
report 
a 12.7% increase in revenue to $98.832 million from $87.7
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ranpak Holdings
Corp is
for breakeven results per share. For the same quarter last year,
the company reported earnings of 8 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $36.5​, above​ its last closing price of $15.41. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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  ​
 Mar. 31 2021  -0.02       -0.02      0.08      Beat    500
 ​​Dec.        0.03        0.03       -0.07     Missed  -333.3
 31 2020                                                
 Sep. 30 2020  -0.01       -0.01      -0.08     Missed  -700​
 Jun. 30 2020  -0.05       -0.05      -0.12     Missed  -118.2
 Mar. 31 2020              -0.02      -0.05     Missed  -150
 This summary was machine generated May 4 at 18:00 GMT.  All
figures in US dollars  unless otherwise stated