Reynolds Consumer Products Inc. (REYN) Reports In-Line Q1 EPS, Revenues Miss; Offers 2Q & FY21 EPS Outlook

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Reynolds Consumer Products Reports First Quarter 2021 Financial Results

May 5, 2021 7:00 AM EDT

Q1 net revenues grow 4%

Continued earnings growth

Increasing forecast for topline growth

Pricing to offset higher costs

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Reynolds Consumer Products Inc. (Reynolds, RCP or the Company) (Nasdaq: REYN) today reported results for the first quarter 2021 ended March 31, 2021.

First Quarter 2021 Highlights

Net Revenues of $757 million, up 4% over Q1 prior year net revenues Net Income of $74 million; Adjusted Net... More