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PACK — Ranpak Holdings News Story

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Ranpak Q3 revenue misses analyst estimates

Overview

Ranpak Q3 revenue increased 8% yr/yr to $99.6 mln, missing analyst expectations

Net loss widened to $10.4 mln from $8.1 mln in prior year

Adjusted EBITDA rose 8.1% yr/yr, driven by automation revenue growth

Outlook

Ranpak expects automation net revenue of $40–$45 mln for 2025

Company aims to sustain margin improvements through year-end

Ranpak sees strong growth potential in North American market

Result Drivers

AUTOMATION GROWTH - Automation net revenue increased 63% yr/yr, driven by new partnership with Walmart

PROTECTIVE PACKAGING - Protective Packaging net revenue rose 3.3% yr/yr, aided by favorable currency impacts and North American volume increase

MARGIN IMPROVEMENT - Gross margins expanded to 34.5% from 31.1% in Q2, reflecting margin enhancement initiatives

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueMiss$99.60 mln$99.93 mln (3 Analysts)
Q3 EPS-$0.12
Q3 Net Income-$10.40 mln
Analyst Coverage 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" The average consensus recommendation for the paper packaging peer group is "buy" Wall Street's median 12-month price target for Ranpak Holdings Corp is $6.50, about 14.2% above its October 29 closing price of $5.58 Press Release: ID:nBw5VGZCHa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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