Ranpak Holdings Corp expected to post earnings of 2 cents a share - Earnings Preview

Ranpak Holdings

27/10/2021 08:32

* Ranpak Holdings Corp  PACK.N   PACK.K  is expected to show a
rise in quarterly revenue when it reports results on October
28. 
* The Painesville, Ohio-based company is expected to report  a
21.4% increase in revenue to $93.202 million from $76.8 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 earnings of 2 cents per share. For the same quarter last
year, the company reported a loss 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." 
​
* Wall Street's median 12-month price target for Ranpak Holdings
Corp is $32​, about 2.3% above​ its last closing price
of $31.26. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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
                                                        ​
 Sep. 30 2020  -0.01       -0.01      -0.08     Missed  -700
 Jun.          -0.05​      -0.05      -0.12     Missed  -118.2
 30​ 2020​                                              ​
 Mar. 31 2020              -0.02      -0.05     Missed  -150​
 Dec. 31 2019  0.01        0.01       -0.10     Missed  -1,100
 Sep. 30 2019  -0.07       -0.07      -0.03     Beat    57.1
 This summary was machine generated October 27 at 07:32 GMT.  All
figures in US dollars unless otherwise stated