REYN Stock Recent News

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?

LAKE FOREST, Ill.--( BUSINESS WIRE )--Reynolds Consumer Products Inc. (Nasdaq: REYN) (“RCP” or the “Company”) today announced it will report its fourth quarter and full year financial results for the period ended December 31, 2022, on Wednesday, February 8, 2023, before market open.

Reynolds Consumer Products' topline revenue growth is driven by price increases, which may not continue. The decline in sales volumes coupled with high inventory levels is worrying.

Reynolds Consumer Products Inc. (NASDAQ:REYN ) Q3 2022 Results Conference Call November 8, 2022 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 Bill Chappell - Truist Securities Mark Astrachan - Stifel Rob Ottenstein - Evercore Andrea Teixeira - JP Morgan Lauren Lieberman - Barclays Jason English - Goldman Sachs Operator Ladies and gentlemen, thank you for standing by and welcome to the Reynolds Consumer Products Third 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 9.09% and 1.46%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Reynolds Consumer Products Inc. REYN, +3.33% reported Tuesday third-quarter profit that topped expectations but revenue that came up short, and provided a downbeat fourth-quarter outlook, as volume declined and as the effect of inflation pressures and consumer reaction to price increases remained uncertain. The branded consumer products company's net income fell to $48 million, or 23 cents a share, from $66 million, or 31 cents a share, in the year-ago period.

Reynolds Consumer Products Inc. earnings were in-line in Q2 but sales came in softer than expected. REYN pays out a 3.2% dividend yield which is well covered by earnings over the past four quarters.

Reynolds Consumer Products Inc. (NASDAQ:REYN ) Q2 2022 Earnings Conference Call August 9, 2022 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 Theo Brito - Credit Suisse Lauren Lieberman - Barclays Robert Ottenstein - Evercore Andrea Teixeira - JPMorgan Mark Astrachan - Stifel Bill Chappell - Truist Securities Jason English - Goldman Sachs Peter Grom - UBS Operator Greetings and welcome to Reynolds Consumer Products, Inc. Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Reynolds Consumer Products (REYN) delivered earnings and revenue surprises of 0% and 2.28%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?