U.S. Markets close in 34 mins
  • S&P 500

    3,580.22
    +22.68 (+0.64%)
     
  • Dow 30

    29,607.38
    +343.90 (+1.18%)
     
  • Nasdaq

    11,895.82
    +40.85 (+0.34%)
     
  • Russell 2000

    1,785.34
    +1.21 (+0.07%)
     
  • Crude Oil

    42.17
    +0.43 (+1.03%)
     
  • Gold

    1,869.60
    +8.10 (+0.44%)
     
  • Silver

    24.23
    +0.18 (+0.74%)
     
  • EUR/USD

    1.1862
    -0.0014 (-0.1186%)
     
  • 10-Yr Bond

    0.8570
    +0.0280 (+3.38%)
     
  • Vix

    23.70
    +0.59 (+2.55%)
     
  • GBP/USD

    1.3291
    +0.0038 (+0.2858%)
     
  • USD/JPY

    103.8280
    +0.0570 (+0.0549%)
     
  • BTC-USD

    18,392.80
    -61.95 (-0.34%)
     
  • CMC Crypto 200

    363.77
    +2.34 (+0.65%)
     
  • FTSE 100

    6,351.45
    +17.10 (+0.27%)
     
  • Nikkei 225

    25,527.37
    -106.93 (-0.42%)
     

Reynolds Consumer: 3Q Earnings Snapshot

·1 min read

LAKE FOREST, Ill. (AP) _ Reynolds Consumer Products Inc. (REYN) on Wednesday reported third-quarter earnings of $113 million.

The Lake Forest, Illinois-based company said it had net income of 54 cents per share. Earnings, adjusted for non-recurring costs, were 56 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.

The company posted revenue of $823 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $798.4 million.

Reynolds Consumer expects full-year earnings in the range of $1.95 to $1.97 per share, with revenue in the range of $3.24 billion to $3.26 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on REYN at https://www.zacks.com/ap/REYN