Berry Plastics Group (BERY) Misses Q2 EPS by 3c

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Berry Global Group, Inc. Reports Second Quarter Fiscal 2018 Results and Confirms Fiscal Year Adjusted Free Cash Flow Guidance

May 3, 2018 7:00 AM EDT

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Berry Global Group, Inc. (NYSE: BERY) today reported results for its second fiscal 2018 quarter, referred to in the following as the March 2018 quarter.

Highlights(all comparisons made to the March 2017 quarter)

Net income per diluted share increased 22 percent to $0.66. Adjusted net income per diluted share up 12 percent to $0.84. Net sales increased 9 percent to $2.0 billion. Operating income increased by 7 percent to $188 million. Operating EBITDA was $350 million, an increase of 4 percent.... More