Picture of Reynolds Consumer Products logo

REYN Reynolds Consumer Products News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer DefensivesConservativeLarge CapSuper Stock

Reynolds Consumer Products Q3 revenue beats expectations on higher pricing

Overview

Reynolds Q3 revenue up 2%, beating analyst expectations

Adjusted EPS for Q3 beats consensus, reflecting effective cost management

Adjusted net income for Q3 exceeds analyst estimates

Outlook

Company expects 2025 net revenues to be flat to down 1% vs. 2024

Reynolds sees Q4 2025 net revenues down 1% to 5% vs. Q4 2024

Company projects 2025 adjusted EBITDA of $655 mln to $665 mln

Result Drivers

SHARE GAINS - Co attributes improved results to share gains in most categories, despite challenging environment

NON-RETAIL REVENUE GROWTH - Non-retail revenues, including aluminum sales, increased significantly, contributing to overall revenue growth

PRICING ALIGNMENT - Adjusted EBITDA supported by better alignment of pricing with higher costs, despite lower volumes

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeat$931 mln$900.10 mln (6 Analysts)
Q3 Adjusted EPSBeat$0.42$0.39 (8 Analysts)
Q3 EPS$0.38
Q3 Adjusted Net IncomeBeat$88 mln$83.30 mln (6 Analysts)
Q3 Net Income$79 mln
Q3 Adjusted EBITDABeat$168 mln$165.60 mln (6 Analysts)
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell" The average consensus recommendation for the household products peer group is "buy" Wall Street's median 12-month price target for Reynolds Consumer Products Inc is $25.00, about 5.2% above its October 28 closing price of $23.69 The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago Press Release: ID:nBw7PgrZWa 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.)

Recent news on Reynolds Consumer Products

See all news