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Reynolds Consumer Products (REYN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Consumer discretionary stocks like COOK, LINC, REYN and RCL will benefit from the Fed's big rate cut.
Here is how Reynolds Consumer Products (REYN) and Sinclair (SBGI) have performed compared to their sector so far this year.
The headline numbers for Reynolds Consumer Products (REYN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Reynolds Consumer Products (REYN) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.32 per share a year ago.
Reynolds Consumer Products (REYN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Reynolds Consumer Products Inc. (NASDAQ:REYN ) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Mark Swartzberg - Vice President, Investor Relations Lance Mitchell - President & Chief Executive Officer Scott Huckins - Chief Financial Officer Conference Call Participants Rob Ottenstein - Evercore Peter Grom - UBS Mark Astrachan - Stifel Andrea Teixeira - JPMorgan Madison Callinan - Canaccord Genuity Jim Abbott - Barclays Operator Greetings, and welcome to the Reynolds Consumer Products, Inc. First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
The headline numbers for Reynolds Consumer Products (REYN) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Reynolds Consumer Products (REYN) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.08 per share a year ago.
Evaluate the expected performance of Reynolds Consumer Products (REYN) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.