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

Ranpak Holdings

03/08/2023 14:33

* Ranpak Holdings Corp  PACK.N  reported a quarterly
adjusted loss
of 3 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue fell 5.6% to $81.90 million from a year ago;
analysts
expected $83.50 million. 
    * Ranpak Holdings Corp's reported EPS for the quarter was a
loss
of 3 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Ranpak Holdings Corp shares had risen by 28.5% this
quarter and
gained 0.7% so far this year.
    * The company reported a quarterly loss of $2.1 million.
    * Wall Street's median 12-month price target for Ranpak
Holdings
Corp is $6.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.09          -0.03          Beat
 Mar. 31 2023      -0.13          -0.14          Missed
 Dec. 31 2022      -0.09          -0.10          Missed
 Sep. 30 2022      -0.15          -0.10          Beat