Berry Global (BERY) Reports Q1 Earnings: What Key Metrics Have to Say

Zacks
05 Feb

Berry Global (BERY) reported $2.39 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 16.4%. EPS of $1.09 for the same period compares to $1.22 a year ago.

The reported revenue represents a surprise of +1.91% over the Zacks Consensus Estimate of $2.34 billion. With the consensus EPS estimate being $1.00, the EPS surprise was +9.00%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Berry Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Sales- Consumer Packaging- International: $885 million versus $869.22 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -3.5% change.
  • Net Sales- Flexibles: $731 million versus $679.36 million estimated by four analysts on average.
  • Net Sales- Consumer Packaging- North America: $769 million versus $697.44 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +10% change.
  • Operating EBITDA- Flexibles: $114 million versus the three-analyst average estimate of $103.04 million.
  • Operating EBITDA- Consumer Packaging- North America: $133 million versus $123.40 million estimated by three analysts on average.
  • Operating EBITDA- Consumer Packaging- International: $131 million versus the three-analyst average estimate of $123.44 million.
View all Key Company Metrics for Berry Global here>>>

Shares of Berry Global have returned +2.6% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Berry Global Group, Inc. (BERY) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10