Berry Global Group, Inc. Reports Solid First Quarter 2020 Results; Reaffirms Fiscal Year 2020 Free Cash Flow Guidance

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Go back to Berry Global Group, Inc. Reports Solid First Quarter 2020 Results; Reaffirms Fiscal Year 2020 Free Cash Flow Guidance

Berry Global Group (BERY) Tops Q1 EPS by 4c, Offers Outlook

January 31, 2020 7:35 AM EST

Berry Global Group (NYSE: BERY) reported Q1 EPS of $0.56, $0.04 better than the analyst estimate of $0.52. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.9 billion.

Outlook

Our fiscal 2020 free cash flow guidance of $800 million includes $1.4 billion of cash flow from operations partially offset by capital expenditures of $600 million. This guidance also includes a use of cash for working capital and other... More