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

Ranpak Holdings

04/05/2023 14:33

* Ranpak Holdings Corp  PACK.N  reported a quarterly
adjusted loss
of 14 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 13 cents per share.
    * Revenue fell 1.6% to $81.20 million from a year ago;
analysts
expected $83.54 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 13%
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 26.6% this
quarter and
lost 33.6% so far this year.
    * The company reported a quarterly loss of $12.4 million.
    * Wall Street's median 12-month price target for Ranpak
Holdings
Corp is $7.00 
    * 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 May
4 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.13          -0.14          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