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The headline numbers for Reynolds Consumer Products (REYN) give insight into how the company performed in the quarter ended June 2023, 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 $0.32 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.26 per share a year ago.
Reynolds Consumer Products Inc.'s stock REYN, -1.45% jumped 3.5% premarket Wednesday after the maker of household products beat estimates for the second quarter. Lake Forest, Ill.
Reynolds Consumer Products (REYN) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.26 per share a year ago.
The company is on a slow-growth track, limiting its investment returns. Investors should wait for a higher dividend yield.
Nuvei (NASDAQ: NVEI ) stock is slipping on Tuesday even after announcing Deadpool star Ryan Reynolds invested in the company. The latest press release announcing the news doesn't cover how much of an investment Reynolds made in the global payments technology company.
Actor and entrepreneur Ryan Reynolds said Monday he has invested in Canadian fintech Nuvei Corp. NVEI, -3.59% NVEI, -3.21% “I know about as much about fintech as I did about gin or mobile a few years ago,” Reynolds said in a statement. “But Nuvei is impressive.
Reynolds Consumer Products (NASDAQ: REYN) share price has struggled to gain traction since the IPO, but one thing is certain. When the share prices drop below $27.75, someone in the market steps in and buys them, which is happening now.
Reynolds Consumer Products Inc. (NASDAQ:REYN ) Q4 2022 Earnings Conference Call February 8, 2023 8:00 AM ET Company Participants Mark Swartzberg - Investor Relations Lance Mitchell - President and Chief Executive Officer Michael Graham - Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Jason English - Goldman Sachs Kaumil Gajrawala - Credit Suisse Tristen Chau - Stifel Peter Grom - UBS Rob Ottenstein - Evercore ISI Operator Ladies and gentlemen, thank you for standing by and welcome to the Reynolds Consumer Products Fourth Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.
Reynolds Consumer Products (REYN) delivered earnings and revenue surprises of -7.02% and 2.18%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?