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

Ranpak Holdings

28/07/2022 20:37

* Ranpak Holdings Corp  PACK.N  reported a quarterly
adjusted loss
of 14 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss
of 10 cents per share.
    * Revenue fell 3.6% to $86.80 million from a year ago;
analysts
expected $93.32 million. 
    * Ranpak Holdings Corp's reported EPS for the quarter was a
loss
of 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1,500% in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Ranpak Holdings Corp shares had fallen by 2.0% this
quarter and
lost 81.7% so far this year.
    * The company reported a quarterly loss of $11.3 million.
    * Wall Street's median 12-month price target for Ranpak
Holdings
Corp is $19.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 07:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.10          -0.14          Missed
 Mar. 31 2022      0.00           -0.17          Missed
 Dec. 31 2021      0.08           -0.03          Missed
 Sep. 30 2021      0.02           -0.02          Missed