REYN Stock Recent News

MNTN, a connected TV marketing platform that has Ryan Reynolds as its chief creative officer, filed for an initial public offering in the United States on Friday.

I maintain a hold rating on REYN due to expected demand headwinds and poor FY25 guidance, despite positive volume growth in 4Q24. REYN faces challenges including margin pressures, ongoing weakness in the Hefty Tableware segment, and higher input costs, particularly for aluminum. Positive volume trends and strong financial flexibility offer some bullish potential, but the uncertain macro environment limits near-term recovery prospects.

Reynolds Consumer Products Inc. (NASDAQ:REYN ) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Mark Swartzberg - VP, IR Scott Huckins - President & CEO Nathan Lowe - CFO Conference Call Participants Lauren Lieberman - Barclays Bank Mark Astrachan - Stifel Robert Ottenstein - Evercore Andrea Teixeira - JPMorgan Peter Grom - UBS Brian McNamara - Canaccord Genuity Operator Greetings. Welcome to Reynolds Consumer Products, Inc. Fourth Quarter and Full Year 2024 Earnings Call.

The headline numbers for Reynolds Consumer Products (REYN) give insight into how the company performed in the quarter ended December 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 $0.58 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.65 per share a year ago.

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.

LAKE FOREST, Ill.--(BUSINESS WIRE)--Reynolds Consumer Products Inc. (Nasdaq: REYN) (the “Company”) announced it will report fourth quarter and full year 2024 financial results on Wednesday, February 5, 2025. The Company's President and Chief Executive Officer, Scott Huckins, and Chief Financial Officer, Nathan Lowe, will host a live webcast to discuss the results at 7:00 a.m. CT (8:00 a.m. ET) that same day. A link to the webcast and all related earnings materials will be available at https://i.

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.

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.