Berry Plastics Group (BERY) Misses Q3 EPS by 9c, Revenues In-Line; Offers FY18 Cash Flow Guidance
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Berry Global Group, Inc. Reports Third Quarter Fiscal 2018 Results; Confirms 2018 Fiscal Year Adjusted Free Cash Flow Guidance; Announces Share Repurchase Program
August 3, 2018 8:00 AM EDTEVANSVILLE, Ind.--(BUSINESS WIRE)-- Berry Global Group, Inc. (NYSE: BERY) today reported results for its third fiscal 2018 quarter, referred to in the following as the June 2018 quarter.
Highlights
(all comparisons made to the June 2017 quarter)
Net income per diluted share up 3 percent to $0.81. Adjusted net income per diluted share up 7 percent to $0.96. Net sales increased 9 percent to $2.1 billion. Operating income increased by 2 percent to $216 million. Operating EBITDA was $374 million, an... More