Ranpak Holdings Corp PACK.N, PACK.K is expected to show a rise in quarterly revenue when it reports results on May 2 for the period ending March 31 2024
The Concord Township Ohio-based company is expected to report a 5.3% increase in revenue to $85.5 million from $81.2 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 7 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 "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 $7.00, below its last closing price of $7.51.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING |
STARMINESMARTESTIMATE® |
LSEG IBES ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
SURPRISE % |
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 |
|
Sep. 30 2022 |
-0.16 |
-0.15 |
-0.10 |
Beat |
34.8 |
Jun. 30 2022 |
-0.17 |
-0.10 |
-0.14 |
Missed |
-33.3 |
Mar. 31 2022 |
-0.01 |
0.00 |
-0.17 |
Missed |
-4,150 |
This summary was machine generated April 30 at 16:39 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)