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Reynolds Consumer Products (REYN)
NASDAQ:REYN
RESEARCH TOOLSreports
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.23Last Year’s EPS
0.23Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 05, 2025
|% Change Since: -11.03%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call revealed strong financial performance in 2024, with record profitability and effective debt reduction. However, challenges such as expected revenue decline in 2025, driven by foam category downturns and raw material cost pressures, pose concerns. The company is implementing strategic initiatives to drive future growth, but the immediate outlook is tempered by these challenges.Company Guidance
During the fourth quarter and full year 2024 earnings call, Reynolds Consumer Products provided guidance reflecting strong performance and strategic plans for 2025. The company reported an increase in consolidated retail volume by 1% in the fourth quarter, marking progress across all business units. Reynolds achieved a net revenue of $3.695 billion for 2024, surpassing initial guidance, and delivered an adjusted EBITDA of $678 million, a 7% increase from the previous year. The company also managed to reduce leverage to 2.3 times adjusted EBITDA by year-end. Looking ahead, Reynolds expects net revenues in 2025 to decrease slightly, driven by a projected 2% decline in overall categories, primarily due to a double-digit decline in foam dishes, which constitute less than 10% of revenue. The projected adjusted EBITDA for 2025 is between $670 million and $690 million, with a focus on enhancing growth through distribution wins, innovation, and cost reductions. The company also plans to invest in productivity and sustainability initiatives, aiming for margin expansion and stable earnings growth. Reynolds has set a target of reaching a leverage range of 2 to 2.5 times adjusted EBITDA by year-end, with anticipated free cash flow conversion of approximately 50% of EBITDA.Strong Profitability and Cash Flow
2024 marked the strongest profitability in the company's history outside of 2020. The company delivered earnings ahead of expectations and drove significant cash flow, paying down more debt than targeted.
Record Innovation Launches
The Presto business unit achieved a record number of innovation launches in 2024, contributing to overall growth and new market opportunities.
Deleveraging Success
Paid down $150 million of debt throughout 2024, with an additional $50 million paid in January 2025, achieving a leverage ratio of 2.3 times trailing 12 months adjusted EBITDA.
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REYN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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REYN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 05, 2025 | $27.55 | $26.38 | -4.25% |
| Oct 30, 2024 | $29.00 | $27.20 | -6.21% |
| Aug 07, 2024 | $27.86 | $29.81 | +7.00% |
| May 08, 2024 | $27.48 | $27.81 | +1.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Reynolds Consumer Products (REYN) report earnings?
Reynolds Consumer Products (REYN) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Reynolds Consumer Products (REYN) earnings time?
Reynolds Consumer Products (REYN) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is REYN EPS forecast?
REYN EPS forecast for the fiscal quarter 2025 (Q1) is 0.23.
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