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

Ranpak Holdings

31/10/2023 13:32

* Ranpak Holdings Corp  PACK.N  reported a quarterly
adjusted loss
of 3 cents​​ per share for the quarter ended in September. The
mean expectation of three analysts for the quarter was for a
loss of 7 cents per share.
    * Revenue rose 6.4% to $82.80 million from a year ago;
analysts
expected $84.25 million. 
    * Ranpak Holdings Corp's reported EPS for the quarter was a
loss
of 3 cents​.
    * The mean earnings estimate of analysts had risen by
about 22.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Ranpak Holdings Corp shares had fallen by 35.1% this
quarter and
lost 38.8% so far this year.
    * The company reported a quarterly loss of $3.3 million.
    * Wall Street's median 12-month price target for Ranpak
Holdings
Corp is $8.00 
    * 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
October 31 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.07          -0.03          Beat
 Jun. 30 2023      -0.09          -0.03          Beat
 Mar. 31 2023      -0.13          -0.14          Missed
 Dec. 31 2022      -0.09          -0.10          Missed