Reynolds Consumer Products Inc. (REYN) Misses Q4 EPS by 5c, Guidance Misses

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Reynolds Consumer Products Reports Fourth Quarter and Fiscal Year 2022 Financial Results

February 8, 2023 7:00 AM EST

Three of Four Segments Report Record Quarterly Profit

Comprehensive Recovery Plan Launched for Reynolds Cooking & Baking

Anticipate Return to Pre-Pandemic Profitability in 2023

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Reynolds Consumer Products Inc. (Reynolds, RCP or the Company) (Nasdaq: REYN) today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

Fiscal Year 2022 Highlights

Net Revenues of $3,817 million, up 7% over prior year net revenues Net Income of $258 million; Adjusted... More