Berry Global Group (BERY) Tops Q3 EPS by 7c, Offers Outlook

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Berry Global Group, Inc. Reports Third Fiscal Quarter 2022 Results

August 3, 2022 7:15 AM EDT

Third Fiscal Quarter Highlights

(all comparisons made to the June 2021 quarter)

Net sales of $3.7 billion, up 6% on comparable basis Operating income of $336 million; Operating EBITDA of $550 million, up 2% on comparable basis Earnings per share of $1.58; Adj. earnings per share of $2.03, up 10% on comparable basis $637 million of share repurchases year-to-date, an 8% reduction in total shares outstanding Fiscal 2022 adjusted earnings per share target of $7.40 and free cash flow target of $750 million

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Berry Global Group, Inc. (NYSE:... More