Ranpak Holdings Corp expected to post a loss of 4 cents a share - Earnings Preview

Reuters
03-04
  • Ranpak Holdings Corp PACK.N, PACK.K is expected to show a rise in quarterly revenue when it reports results on March 6 for the period ending December 31 2024

  • The Concord Township Ohio-based company is expected to report a 11.1% increase in revenue to $100.406 million from $90.4 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Ranpak Holdings Corp is for a loss of 4 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Ranpak Holdings Corp is $11.50​, above​ its last closing price of $6.58. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.04

-0.10

Missed

-150

Jun. 30 2024

-0.07

-0.06

0.07

Beat

216.7

Mar. 31 2024

-0.07

-0.07

-0.10

Missed

-42.9​

Dec. 31 2023

-0.04

-0.11

Missed

-144.4

​​Sep. 30 2023

-0.07

-0.07

-0.03

Beat

57.1

Jun. 30 2023

-0.10

-0.09

-0.03

Beat

68.4​

Mar. 31 2023

-0.15

-0.13

-0.14

Missed

-7.7

Dec. 31 2022

-0.09

-0.10

Missed

-11.1

This summary was machine generated March 4 at 14:06 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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