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Berry Global's (BERY) third-quarter fiscal 2024 net sales decline 2% year over year due to a 3% negative impact from lower resin costs.
Berry Global Group, Inc. (NYSE:BERY ) Q3 2024 Results Conference Call August 2, 2024 10:00 AM ET Company Participants Dustin Stilwell - Investor Relations Kevin Kwilinski - Chief Executive Officer Mark Miles - Chief Financial Officer Conference Call Participants Sahas Apte - UBS Philip Ng - Jefferies George Staphos - Bank of America Securities Mike Roxland - Truth Securities Ghansham Panjabi - Baird Arun Viswanathan - RBC Capital Markets Adam Samuelson - Goldman Sachs Matt Roberts - Raymond James Christopher Parkinson - Wolfe Research Edlain Rodriguez - Mizuho Rosemarie Morbelli - Gabelli Funds Operator Good day, everyone, and thank you for standing by. Welcome to the Q3 2024 Berry Global Group, Inc. Earnings Conference Call.
Although the revenue and EPS for Berry Global (BERY) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Berry Global (BERY) came out with quarterly earnings of $2.18 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $1.90 per share a year ago.
Investors looking for stocks in the Containers - Paper and Packaging sector might want to consider either Berry Global (BERY) or Amcor (AMCR). But which of these two companies is the best option for those looking for undervalued stocks?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Berry Global (BERY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Berry Global (BERY) gains from investments in the latest equipment technologies and a balanced capital allocation strategy. However, weakness in the Consumer Packaging unit remains a concern.
Berry Global (BERY) partners with La Rosee to develop a sustainable refillable deodorant stick named Exclusive Refill.
Berry Global (BERY) achieves an additional regulatory milestone regarding the spin-off of its Health, Hygiene and Specialties segment.