Reynolds Consumer Products Inc. - Common Stock (REYN)
23.86
-0.78 (-3.17%)
Reynolds Consumer Products Inc is a leading manufacturer and marketer of a variety of consumer products, primarily focused on the kitchen and household categories
The company is well-known for its popular brands that include items such as aluminum foil, plastic wrap, and various disposable tableware and food storage solutions. By combining innovation with sustainability, Reynolds Consumer Products aims to provide consumers with convenient, high-quality products that enhance everyday living while also being mindful of environmental impact. Their commitment to quality and reliability has made them a trusted name in homes across the nation.
Reynolds has gotten torched over the last six months - since August 2024, its stock price has dropped 21% to $24.56 per share. This may have investors wondering how to approach the situation.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at household products stocks, starting with Kimberly-Clark (NYSEKMB).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at household products stocks, starting with Reynolds (NASDAQREYN).
Household products company Reynolds (NASDAQREYN) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 1.4% year on year to $1.02 billion. Its non-GAAP profit of $0.65 per share was 12.5% above analysts’ consensus estimates.
Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from positive labor market data.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how household products stocks fared in Q3, starting with Reynolds (NASDAQREYN).
Household products company Reynolds (NASDAQREYN) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 4.6% year on year to $892 million. Next quarter’s revenue guidance of $965 million underwhelmed, coming in 1.2% below analysts’ estimates. Its non-GAAP profit of $0.37 per share was also 11.2% below analysts’ consensus estimates.
Companies Reporting Before The Bell • Madison Square Garden (NYSEMSGE) is expected to report quarterly loss at $0.80 per share on revenue of $301.83 million.
