Berry Plastics Group (BERY) Tops Q1 EPS by 2c

Berry Plastics Group (NYSE: BERY) reported Q1 EPS of $0.27, $0.02 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.24 billion.

"In the December 2014 quarter we reported both record sales and Operating EBITDA for any December ending quarter in the Company’s history. Operating EBITDA improved by $10 million or 6 percent over the same prior year quarter, primarily as a result of improved operational productivity and cost savings from our previously announced restructuring activities, along with contributions and synergies from our recent acquisitions," said Jon Rich, Chairman and CEO of Berry Plastics.

For earnings history and earnings-related data on Berry Plastics Group (BERY) click here.

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