Reynolds Consumer Products: Fourth Quarter Earnings Overview

Reynolds Consumer Products Reports Fourth Quarter Financial Results

Reynolds Consumer Products Inc., headquartered in Lake Forest, Illinois, announced a net profit of $118 million for its fourth quarter.

The company’s earnings translated to 56 cents per share, while adjusted earnings, which exclude one-time expenses, reached 59 cents per share.

During this period, Reynolds generated $1.03 billion in revenue.

Looking at the full year, the company recorded a total profit of $301 million, or $1.43 per share, with annual revenue totaling $3.72 billion.

Outlook for the Future

For the quarter ending in March, Reynolds projects earnings per share to be between 23 and 25 cents. The company anticipates its annual earnings per share for the upcoming year will fall between $1.57 and $1.63.