Ranpak Holdings Corp reports results for the quarter ended December 31 - Earnings Summary

• Ranpak Holdings Corp PACK.N reported a quarterly adjusted loss of 10 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of three analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -7 cents to -1 cents per share.

• Revenue rose 16.2% to $105.00 million from a year ago; analysts expected $100.41 million.

• Ranpak Holdings Corp's reported EPS for the quarter was a loss of 10 cents​.

• The company reported a quarterly loss of $8 million.

• Ranpak Holdings Corp shares had fallen by 6.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 300% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the paper packaging peer group is also "buy"

Wall Street's median 12-month price target for Ranpak Holdings Corp is $11.50

This summary was machine generated from LSEG data March 6 at 02:31 p.m. UTC. ​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)