Berry Global Group (BERY) Misses Q1 EPS by 9c, offers guidance

Berry Global Group (NYSE: BERY) reported Q1 EPS of $1.22, $0.09 worse than the analyst estimate of $1.31. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.99 billion.

GUIDANCE:

Berry Global Group sees FY2024 EPS of $7.35-$7.85, versus the consensus of $7.62.

Cash flow from operations range of $1.35 - $1.45 billion; free cash flow range of $800-$900 million
Committed to debt reduction along with returning capital to shareholders through share repurchases and dividends

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

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