Berry Global Group (BERY) Tops Q4 EPS by 3c

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Berry Global Group, Inc. Reports Fourth Quarter and Fiscal Year 2021 Results

November 18, 2021 7:00 AM EST

Fourth Quarter and Fiscal Year Highlights
(all comparisons made to the September 2020 quarter and fiscal year 2020)

Net sales growth of 22% and 18% in the quarter and fiscal year, respectively Fiscal year organic volume growth of 4%; HHS +5%, CPNA +4%, EM +4% and CPI +3% Fiscal year net income per share (EPS) up 28% to $5.30 and adjusted EPS up 20% to $5.80 ($7.21 including amortization of intangibles from acquisitions) Cash flow from operations and free cash flow of $1.6B and $904M, respectively Fiscal 2022 expecting 2% organic volume growth and adjusted EPS of $7.20 - $7.70 (including amortization of... More