Ranpak Holdings Corp reports results for the quarter ended in December - Earnings Summary

Ranpak Holdings

15/03/2023 18:56

* Ranpak Holdings Corp  PACK.N  reported a quarterly
adjusted loss
of 10 cents​​ per share for the quarter ended in December. The
mean expectation of four analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue fell 27.2% to $79.40 million from a year ago;
analysts
expected $90.48 million. 
    * Ranpak Holdings Corp's reported EPS for the quarter was a
loss
of 10 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Ranpak Holdings Corp shares had fallen by 18.5% this
quarter.
    * The company reported a quarterly loss of $7.3 million.
    * Wall Street's median 12-month price target for Ranpak
Holdings
Corp is $8.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 15 at 06:56 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.09          -0.10          Missed
 Sep. 30 2022      -0.15          -0.10          Beat
 Jun. 30 2022      -0.10          -0.14          Missed
 Mar. 31 2022      0.00           -0.17          Missed