Reynolds Consumer Products Reports First Quarter 2020 Financial Results
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Reynolds Consumer Products Inc. (REYN) Tops Q1 EPS by 4c, Revenues Beat; Updated FY20 EPS Guidance Above Consensus
May 7, 2020 7:21 AM EDTReynolds Consumer Products Inc. (NASDAQ: REYN) reported Q1 EPS of $0.30, $0.04 better than the analyst estimate of $0.26. Revenue for the quarter came in at $730 million versus the consensus estimate of $691.96 million.
First Quarter 2020 Financial Highlights:
Net Revenues of $730 millionEarnings Per Share of $0.14; Adjusted Earnings Per Share of $0.301Net Income of $26 million; Adjusted Net Income of $63 million1Adjusted EBITDA of $135 million1Despite the challenges of the COVID-19 global pandemic, we were still able to achieve a strong start to the year, said Lance Mitchell, Reynolds Consumer... More
