Reynolds Consumer (REYN) Reports In-Line Q1 EPS; Sees FY EPS at Low End of Range and Revenue at High End

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Go back to Reynolds Consumer (REYN) Reports In-Line Q1 EPS; Sees FY EPS at Low End of Range and Revenue at High End

Reynolds Consumer Products Reports First Quarter Financial Results

May 10, 2022 7:00 AM EDT

Continued Pricing to Offset Cost Increases

Market Share Remains Strong

Prioritizing Reyvolution Cost Savings Initiatives

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Reynolds Consumer Products Inc. (Reynolds, RCP or the Company) (Nasdaq: REYN) today reported results for the first quarter ended March 31, 2022.

First Quarter 2022 Highlights

Net Revenues of $845 million, up 12% over Q1 prior year net revenues Net Income of $52 million; Adjusted Net Income of $55 million Adjusted EBITDA of $112... More