Reynolds Consumer Products Reports First Quarter 2021 Financial Results
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Reynolds Consumer Products Inc. (REYN) Reports In-Line Q1 EPS, Revenues Miss; Offers 2Q & FY21 EPS Outlook
May 5, 2021 7:08 AM EDTReynolds Consumer Products Inc. (NASDAQ: REYN) reported Q1 EPS of $0.36, in-line with the analyst estimate of $0.36. Revenue for the quarter came in at $757 million versus the consensus estimate of $764.41 million.
First Quarter 2021 Highlights
Net Revenues of $757 million, up 4% over Q1 prior year net revenuesNet Income of $74 million; Adjusted Net Income of $76 millionEarnings Per Share of $0.35; Adjusted Earnings Per Share of $0.36Adjusted EBITDA of $140 million, up 4% over Q1 prior year Adjusted EBITDAWe delivered another quarter of strong top-line and bottom-line growth as the strength of our... More
